At this point puts are definitely the safest bet. The 48% was most likely insider trades and reddiTards doing what they do and jumping on a bandwagon. I don't see the prices staying that high after the initial support period ends. I think a good portion of buyers are probably "robin hood" users that don't really understand markets at all. Once they see profit they will sell then I can begin shorting.
At this point puts are definitely the safest bet. The 48% was most likely insider trades and reddiTards doing what they do and jumping on a bandwagon. I don't see the prices staying that high after the initial support period ends. I think a good portion of buyers are probably "robin hood" users that don't really understand markets at all. Once they see profit they will sell then I can begin shorting.
Hit 50 AH. Will have to wait at least a week to see what the options chain looks like.
Hit 50 AH. Will have to wait at least a week to see what the options chain looks like.
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