Gentlemen, we nutted too early last Monday.
Hype around the Virgin retardation-confusion play went through the roof two weekends ago, which caused us to blow our collective load two weeks early. However, the retardation thesis still stands.
The actual catalyst for the SpaceX confusion thesis is tomorrow, and we already see Virgin moving heavily today with abnormally massive volume.
We could easily see $8+ tomorrow, and I'm betting on it with $7 1DTE calls which are still relatively cheap.
**Positions: 500x $7 Virgin Jun 12 Calls.**
Not Financial Advice. VisualMod, stop deleting, the market cap is above half a billion right now.
