R/wsb likes RKT

Discussion in 'Wall St. News' started by cesfx, Mar 3, 2021.

  1. cesfx

    cesfx

    As soon as I heard Jon Najarian on tv talking about unusual activity on RKT pushed by the wsb reddit group, I jumped on a few bull calls 30-35 for $1.18 when the stock was at 30$, and it soon took off to 40!
    They like the stock... I like them degenerates!
     
    zghorner, guru and jys78 like this.
  2. smallfil

    smallfil

    Remember to bet the farm and go all in. After all, it is a sure thing. Right?
     
  3. zghorner

    zghorner

    Short dated calls + Long dated puts seems to be the KO combo for meme stocks.
     
    cesfx and Cuddles like this.
  4. Cuddles

    Cuddles

    how'd that work out?
     
    zghorner likes this.
  5. cesfx

    cesfx

    Still on, should have sold yesterday or today open at just under 3$ but missed the chance as I was not actively following. It still has a few weeks, I will probably stay on for a bit more and see how the drama evolves, it's a small position.
     
    zghorner likes this.
  6. cesfx

    cesfx

    So far on meme stocks I took a couple of rounds of diagonals on amc, credit spread and a long put on gme, and now this one... Let's see if they like it that much
     
    vanzandt and zghorner like this.