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$35,000 gain in a month from trading the SpaceX IPO runup
Investor summaryBullish
Author made $35k trading calls on space/SPAC tickers ahead of the SpaceX IPO hype, though admits to not timing the top perfectly.
Bull points
- Profited significantly from call options on space and SPAC stocks driven by SpaceX IPO hype.
- Space-related tickers act as strong proxies for SpaceX market excitement.
Bear points
- Author admits to being too greedy and failing to time the market top correctly.
- Current strategy involves sitting in cash, implying a lack of immediate high-conviction plays.
Post body
Made $35k buying calls for RKLB, LUNR, ASTS, and a certain ticker I don't know if I'm allowed to post about (the one that looks like SPCX). As you can see, I got too greedy and didn't time the top correctly, but gains are gains. Gonna be sitting in cash + SPACs close to NAV until the next big play comes up.
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