this post was submitted on 10 Jul 2023
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Yes, I’m still holding about $50,000 in RIVN calls expiring Sep ‘23.

PTON has recently significantly lowered its cost of goods sold. They have very competent management now. I don’t care if PTON is not technically oversold, it’s oversold. PTON’s setup is looking very much like SOFI, COIN and RIVN before their massive recent runs. Like SOFI, COIN and RIVN… PTON is very much a company I want to hold long-term.

I wanted to double my position today but I don’t have the buying power. My current position is worth about $14,500 in calls expiring Sep ‘23. See pics for proof.

As mods mentioned today, trading is not a team sport. Not encouraging anyone to follow my plays, simply sharing my recent run of successful trades and YOLOs because I’m a degenerate who lives to gamble.

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