I actually saw the PCT chart the other morning. Lit up on a in “top of daily range” scan I have. I’ll ride with you OP
https://preview.redd.it/7u0aem7p3h8g1.jpeg?width=328&format=pjpg&auto=webp&s=a33fdf525e066d198c1c53c3950e1f59ed399717
You can do wheel on an index too.
Sure, you can get burnt when a black swan event or a solid correction tanks spx or qqq by 20% and it puts you out of the game for few months, but at least youre not risking getting assigned on a shitco.
As tin foil hat sounding this is, it is interesting nonetheless. I mean numbers are numbers. Need more historical data though. Also best thing to do with something like this is not to look at the times it’s right but at the times it’s wrong which may actually provide further evidence for your case if you can find a good explanation. May also help to tease out the mechanism behind the correlation
It’s about 10% of my total port at the moment, 3-5% is traditionally safer with the pre revenue companies for a sane person but I feel relatively confident so allocated more
My dca is around the same as you but I’m only at like 1/5th of your shares. Been buying since the pandemic when it was around $3 for a long time. I didn’t think we’d pop for another few years and was trying to accumulate more shares but we really blasted off this past year. Great job buying as much as you did. It’s a fucking cool company to follow.