CVNA and OKLO Puts, USO Calls

Friday afternoon the new options trading strategy is closing in on + 100% YTD **CVNA weekly puts:** CVNA trades at 50x pe. There is a high likelihood their numbers are further inflated by “creative accounting,” making them very vulnerable to correction. CVNA is also vulnerable to rising oil prices, as almost every vehicle they sell is transported hundreds of miles by truck. **OKLO weekly puts:** OKLO has a very cool concept, but nobody has been able to make a profit doing what they are trying to do. At a 9 billion dollar valuation they are still too rich. **USO weekly calls:** Bought 10x contracts at oil $79-$84. 1 hour later oil popped to $90. Until the Straits of Hormuz open prices are likely continue on a parabolic path. This strategy employs 5-10% in-the-money options to capture maximum delta. Target leverage is 8- 11x. Rolling the options to next week at power hour gives strike flexibility instead of paying high premiums for longer dated positions. Disclosure: I am a retail trader and a car dealer, not a financial professional. I have no insider or professional knowledge of nuclear or oil industries.