Nah, I like the big runs. Sure, that was an obvious overbought...

Nah, I like the big runs. Sure, that was an obvious overbought and I don't mind admitting I sold into it... not enough to free carry or anything, but certainly lightened the load on my oppies.

Reading part of this thread you would think some are certified geniuses for seeing a simple overbought position. If he was 1% smarter he would read and think more / talk a little less.

Anyway point is, not long afterwards and seeing 10c options available... after already wishing I held more, I snap bought those few tradables back and some. Plenty of volume at 10-12c established some support. I'm not the only one who wishes they owned more, then there's the green boat missers who were just fanging for a pullback.

Run has been driven by fundamentals and an incorrect valuation to start with. MC is still nowhere near right and investors know this. We're in the enviable position of being midway though massive reval and there's no way the market can do this in an orderly fashion.

Volume and volatility as part of a market awakening and broader inflow. Don't like to predict daily but the weeklys will stay green for a while yet. Plenty more long candles along the way but the obvious trades won't appear again, rather traps.