AI Long Continuation

9 abr 2023

Long Idea.

Since the beginning of 2023, AI has been in a daily uptrend, currently trading above its 200 DMA. It also seems to be a favorite short candidate given its downward trajectory in 2022, so there's squeeze potential.

A distribution has been built < 15, and 20 has been acting as strong support since February, enabling price to make higher highs. Along with a higher distribution built > 20, this implies price wants to continue building or explore higher.

Buy targets: 20-22

Profit targets: 24 / 25 / 26 / 28

Long trade is invalided < 20.

12 abr 2023

Operación activa

BOT AI 100 (Weeklys) 14 APR 23 28.5 CALL @ 0.1

Saw some unusual activity for OTM calls and thought it worth the punt.

14 abr 2023

Operación activa

Riding these zero or hero because I thought it was worth the punt, but will find a better entry based on the above after.

14 abr 2023

Operación activa

Late on this, but I'm in 19 MAY 23 30 CALL @ 0.85.

SL is 0.6

17 abr 2023

Operación activa

Sold AI 100 21 APR 23 25 CALL against position for some premium and to buy some time

17 abr 2023

Nota

sold the above for 0.25. currently 0.2

19 abr 2023

Operación activa

Sold premium calls for 0.25 looking good to expire 🤞
free money while waiting for upside.

19 abr 2023

Nota

Also: I moved the stop down to 0.5 to accomodate the premium. Still want to stay in

25 abr 2023

Operación cerrada: precio stop alcanzado

Sorry ya'll, stopped out completely and trade is invalidated. Will revisit under different market conditions.