8/1/24 - $soxl - for degens only rn

1 ago 2024

- a lil atypical play for me
- degens only
- many of u have pinged me on SOXL in the past. today is WHY i've been buying NVDA, TSM, ASML, and a few others. i've notably kept away from many including the biggest POS ARM which we can partially thank for today's move
- so let's consider some lemonade with a dash of black powder
- SOXL down 21% rn to $35.
- does it reverse? idk
- should it? idk probably, v technical here dragging mkt
- if does reverse... will be today
- so you play some IV boost and clear the trade or half of it into close

I've bot some 8/2 37C's for 80c.

let's see. gl fam.

V

2 ago 2024

Nota

fwiw i'm mega long C's into next week.

about 1% of my book is in the 33C's.

the way i see it - if this thing dives further I'm hitting the bid even more aggressively on actual TSM > NVDA > ASML shares.

but it's a "cheap" way to cover my a** in the meanwhile and play a nasty mean reversion. time will tell if anything gets solved over the weekend.

funny how these "events" usually happen on friday eh? i digress.

stay solvent. DM if you wanna chat.

it will be okay anon. we all fam. what r u buying today?

V