Talking heads on CNBC be like:
it's going to be very expensive to make new chips, new data centers now. Perhaps it's smarter to repurpose and re-use the existing infra.
Dump SOXX
Load up on crypto miners, turned AI infra companies: IREN, HIVE, MARA, GLXY etc.
#new narrative
Look, it's going to be very expensive to make new chips. Repurpose and use the existing infra.
Dump MU, AMD, NVDA, TSM, etc.
Load up IREN, HIVE, MARA, GLXY etc.
My hedge plays I grabbed a bit ago are a
NVDA 180/172.50 10/17 put spread
SPY 655/652 10/13 put spread
USAR 39/43 10/17 call spread
LAR 7.50 10/17 calls (3 of them)
I have a bunch of POET PATH BULL HIVE and RZLV calls dated for 10/24 and 10/31 so I hope those recover by then
I used all my hive profits and the little bag I got from a crwv put this morning to double down and avg down my poet calls and make new hive entries as it dipped as well