so - potential game identified. Pending price action over the next few days - calls may be positive EV if you wanna play with them. Why? Similar to mango play (their family made over $200m from it), they need to realize profits and reverse market - so they close and tackbacksies. We may see a similar thing here if that is the game. I don't know the game, but it's fun thinking of weird ones people might be playing. IDK odds of this one, probably low based off the other comment (?). If you think they're doing this / playing this game together, that's a potentially good bet.
Good try China!
You don't know who you're messing with!
Our calm, cool President would never rashly respond to these new China sanctions when he wakes up for his 3 am diaper change.
The odds of Mango losing his temper over this are zero to nil.
Casino has discrete odds, so it’s like a one and done high.
Options are continuously variable odds so the high continues, especially because the gains are actually not limited theoretically.
Even sports betting has discrete odds
in all seriousness...
I am trying to understand bears, when forming market direction hypothesis does it always reduce to basically "timing the market", like how the fuck do you make money as a bear if you have a long time horizon, historically (and I know how crayon sniffers feel about priors and what is already known)... odds are so incredibly stacked against you in every technical sense (math, stats, tech, no longer caves, antibiotics and all that magic)... like really you think the world is gonna end while you are still around?!
EDIT: Jeez fukin Hristos.... did ya'll see what the knock-off Nobel prize was given for?:
"The theory of sustained growth through creative destruction"
And when I generate some AI slop, the fucking thing calls me a menace to humanity
https://preview.redd.it/u6uwtkdiywuf1.png?width=1840&format=png&auto=webp&s=916541b9a26a370c4562c3b1a26c62355d79e0a2
My issue here is, while I like the longterm plan, it is at odds with how I see the market as a whole going. Additionally the technicals are not looking great, setting aside the ATH and just looking at the gaps, speed of change, and volatility, this stock is very over bought and has a high likely hood of a correction. Now does that mean it can't continuing climbing, no, but I don't like the odds.