After losing THOUSANDS of dollars on bs calls on Lulu and other poorly timed plays, I am going to make BIG GAINS off of IREN CALLS, my testicles are not big enough to fullport, BUT i am going VERY LEVERAGED (using up all my buying power, trading on margin, buying calls) on Iren stock.
here's my DD (deez nuts (sorry))
- I saw an article on Yahoo finance that gave these 3 pieces of good info:
- Microsoft formally accepted Horizon 1, triggering the first billing under IREN's $9.7 billion contract.
- NVIDIA certified IREN's Childress campus with Exemplar Cloud status after GB300 testing
- More than a quarter of IREN's shares are still sold short, and much of that position assumes the AI pivot fails or the debt load overwhelms the company.
- The stock jumped 6% today on the news (confirming it was good) but then sold off? Seems like the market is being regarded just like they were for NOW, BE, and HOOD earnings. In all 3 of these recent cases, the company reported something good, real, and concrete, yet the stock price lagged and stagnated for a day, then rose dramatically in the following days.
- IREN has a ton of debt idk, but also so does NBIS, and look how the market reacted to their jump! (I was able to make a little bit shorting nbis after their spike hehe) So I think IREN has a good shot to beat their earnings.
- These options I bought are cheaper for some reason?? The IV is lower than the historical IV, which gives me even more comfort.
So given all this, I sold my BS celh positions, my random ACI 2028 calls, some uber calls, and am going in HEAVY on this stock. (15k is a lot for me, but not after these calls hit and make me a lot of money)
Im REALLY stupid and regarded, so would love to hear ur guys input