E.g. If you wanted to get in but waiting for a pullback, you
could just buy 100 shares now and sell a 20 strike June 26
call that has $250 in premium - that annualizes to 130+%. I
just bought LEAPS at the 35 strike. Giving myself time to be
right....but I might finance it with some short calls along the way
(I'm currently naked long). The reason I didn't open with an
inverted diagonal spread is that there aren't enough strikes above
to run away to if this puppy keeps running...only goes to 35.
Degens got a hold of this one. They are buying the crap out
of the last strike in the chain on all near term expiration (trying
to force a gamma squeeze...which they've gotten very good at)
RDW - the Picks and Shovels of Space
Posted by matt on 22nd of May 2026 at 02:53 pm
besides direct Spacex, a lot of companies in this are will and are benefiting. here's sort of an infrastructure play
RDW - Redwire Corporation space - Chart Link
RDW weekly - Redwire Corporation Space - Chart Link
Update: RDW - the Picks and Shovels of Space
Posted by matt on 26th of May 2026 at 10:06 am
RDW - Redwire Corporation space - Chart LinkI hope some of you bought this last week when I posted it!
the 'Picks and Shovels of Space'
RDW covered call opportunities are INSANE.
Posted by fibbro on 26th of May 2026 at 02:49 pm
E.g. If you wanted to get in but waiting for a pullback, you could just buy 100 shares now and sell a 20 strike June 26 call that has $250 in premium - that annualizes to 130+%. I just bought LEAPS at the 35 strike. Giving myself time to be right....but I might finance it with some short calls along the way (I'm currently naked long). The reason I didn't open with an inverted diagonal spread is that there aren't enough strikes above to run away to if this puppy keeps running...only goes to 35.
Degens got a hold of this one. They are buying the crap out of the last strike in the chain on all near term expiration (trying to force a gamma squeeze...which they've gotten very good at)
Update: RDW covered call opportunities are INSANE.
Posted by matt on 27th of May 2026 at 09:45 am
RDW - Redwire Corporation space - Chart Linkshort term this puppy is getting extended, otherwise a hell of a move from last week when I posted it
RDW weekly - Redwire Corporation Space - Chart Link
add IRDM. lot of post on this one too.
Posted by breakout on 22nd of May 2026 at 03:00 pm
Matt, your fist post on IRDM was in 2013 at 9 i think
Posted by breakout on 22nd of May 2026 at 03:02 pm