Bought 40 Sept 18th $242.5 calls for $4.25 each contract on VRT this morning. Break Even is $246.75 at expiry.
I thougt to myself, how could this go wrong!? IRAN war expanding, oil skyrocketing, no one uses AI for anything productive... So why not gamble using weekly options in a cooling company for AI data centers!?
My goal is a 200% profit. I am going to place a sell limit order for $12.75 and hope for a $34,000 profit. That means VRT needs to reach around $250.5 (ecluding theta decay) for me to profit.
What could go wrong!?!?
For reference: my last VRT YOLO that I lost 100% of my trade.