More GME and AMC madness!

[FOREXunlimited]

@FOREXunlimited

If $132 gets taken out next stop is $180. I bought some call spreads (usually never buy options, only sell- but, implied volatilities have been crazy and my position is pretty theta/vega neutral and only 3 SPY deltas) that B.E. @ $144 next Fri (Mar 12). Max profit is @ $155.

I couldn’t resist w/ the price action late FEB / early MAR. Had to dip back in one more time
Just too much juicy volatility not to!

Here are my latest booked trades for AMC and GME.
I could have gotten wayyy more greedy, but kept it simple w/ just buying AMC shares before earnings and then buying a call spread in GME.

[Posting this brokerage statement for transparency only]

I will say, IMO, the AMC ship has set sail and left the harbor. Staying away from that going forward.
However, GME is still a bit interesting. I think $350 might be the top, but am not ready to put a position on yet. If I do, I can share it here if anyone is interested.

Jake

[Inspirenies]

Forex trading needs a trader to stay focused and determined throughout their trading journey. For how long you will have to sit in front of your computer completely depends on your trading style. Try to find the best strategy for your requirements without worrying about what others are doing.