I think I’ve traded 0dte $SPX calls/puts 50+ times this year and haven’t been wrong yet somehow on my scalps.
Last year my success rate was awful with 0dte and this year has been insanely good.
Anyone else feel this way?
Adding $GVH here
Total Cash: $915.15K
Total Debt: $20.8K
Float: 72.19K~~ Some sources say 2.02M
Revenue: $21.88M
Quarterly Revenue Growth: 63.70%
Return on Assets: 9.8%
Return on Equity: 17.77%
Market Cap: 2.97M$
99 months of cash, strap in.
If $QQQ can see a .5-1% green day tomorrow, I think $ALCY can easily see 20.00+
I like organic moves that don’t go right away, let the chart build, let the shorts get stuck, let the float lock.
I got nothing but time, but this week we ride.
Appreciate a bigger account pointing this out👇🏼NAV safety has been inspiration for me to trade SPACs for 5 years. Due to extended time to merger & trust contributions, many nowadays are higher than $11. I have:
$ALCY $11.60s
$TBMC $11.90s
$BAYA $11.60s
Asymmetrical risk/reward🥃
You know what’s amazing about these SPAC’s that we’ve been buying weekly?
Most of these have a NAV (net asset value) of 10.00-11.00 , meaning this is the stocks FLOOR.
You buy at 12.50 like we did on $ALCY , your max downside before merger is 11.00
THE ULTIMATE RISK/REWARD.
Because I make my own decisions and live with them.
I don’t complain when things don’t go my way and accept responsibility for my actions inside and outside the market.
Makes life easier!!!!!
$ALCY these typically run after hours / pre market so I’m feeling good.
$ALCY Fintwit community hype is real on this one. Should I join and slap it up for the boys? Break of $16 Monday sends it to $20+
@TT_stocks_ @Jokerparabol @greatstockpicks
I really like $ALCY into next week.
I’m in heavy, shares only (that’s all that’s available btw)
Will be short term swing, next week only.
I think this will move fast, let’s find out.
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