QS Wedgie brakout

I figure I gotta get into one of these speculative plays, QS looks like it;s breaking out of a downward wedgie.

Next weeks calls and a few shares in the HSA for kicks and giggles

Trade closed: stop reached

Not looking good will revisit this next week at a lower strike.

Note

Note: Still holding stock and doubled up. Not sure when it'll pop so staying out of options for now unless it goes up in the afternoon

Note

AMC appears to be a better play if you want to do the Reddi thing, GM looks like it wants to retest the highs.

That's all I got.

Trade active

Entered into next weeks $26 calls at $26, small play with today's profits. Also bought a few shares of AMC for shits and giggles. Not a recommended play but why not? GME is probably done though, but I did notice that Robinhood allows partial shares.... so maybe not.

GM is a much safer play, that's what I got in my real account.

Note

Decided to go XLF calls and XRT puts for my real position. Holding GM calls as well, but only because I bought near the bottom. A balanced trade is probably a better idea for the holiday weekend

Trade closed manually

Decided I made enough money on my other positions and flipped everything. All cash.

I think AMC is a better play than QS, it just gets more attention.

Note

Finally broke out, no positions. I threw the QS money into AMC when I bailed, laughing right now.

hungry_hippo

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hungry_hippo