Another $17,000 VRT YOLO - 40 Sept 18th $242.5 calls - Man do I love abuse!
Bought 40 Sept 18th $242.5 calls for $4.25 each contract on VRT this morning. Break Even is $246.75 at expiry.
I thougt to myself, how could this go wrong!? IRAN war expanding, oil skyrocketing, no one uses AI for anything productive... So why not gamble using weekly options in a cooling company for AI data centers!?
My goal is a 200% profit. I am going to place a sell limit order for $12.75 and hope for a $34,000 profit. That means VRT needs to reach around $250.5 (ecluding theta decay) for me to profit.
What could go wrong!?!?
For reference: my last [VRT YOLO](https://www.reddit.com/r/wallstreetbets/comments/1wbz1zy/15000_yolo_on_vrt_revenge_trading_my_meta_yolo/) that I lost 100% of my trade.
Update 9/16 Market Open: Looking to close this trade out for Break Even. Going tog et out with my skin still attached before interest rates gets raised to 7.75% today!
Update After Market opened on 9-16 - I am out! Sold all my contracts for $4.6 making a measly $1,400! Not bad at all considering I was down 50% yesterday!