AI SUMMARY — Trader invested $80k in HTZ (Hertz) call options, betting on a gamma ramp continuation above $2.80 based on technical patterns. Key risks include timing at potential market top, illiquid options positions, and complete loss of capital if stock reverses.
| TICKER | HTZ |
USER | u/XstraCrispy |
| RATING |
BULLISH |
ENTRY |
$2.81
|
| POSITION |
321 contracts (32193 sh eq)
|
BOOK VAL |
$90462.78 |
| CURRENT |
$2.08 |
P&L % |
-25.98%
|
| CURR VAL |
$66961.77 |
P&L $ |
-23501.01
|
Dropped 80k on HTZ calls at EOD yesterday. Tried to do more but orders at this volume wouldn’t fill 5 mins before close…
Could it have been the absolute top? Yes.
BUT I’ve been around long enough to know what a gamma ramp looks like and I just don’t believe this ends at $2.80
Disclaimer: NFA - this is all based on vibes
If this doesn’t work out, the kids will have ice soup for dinner the whole weekend