This things a powder keg waiting to blow. I’ve been holding calls since 5/2 and I can confidently say this is the most momentum I’ve seen. We are also getting close to dividend date (6/15) so between the cost to borrow, dividend, momentum, and days to cover.. this thing could be huge.
Position:
500 shares
50 calls $7.5 6/18
10 calls $10 6/18
Edit: alright guys that was a nice Tuesday. Got a weird after hours fat uptick then pullback but that’s fine it’s going to continue on tomorrow. Keep at it.
I’ve increased my position by another 100 shares. Calls are up 2k or so. Should be more like 10 tomorrow. Let’s go!