Lumenum is in a consolidation phase that may see a final upside move before reversing downward.

Um you can ask the chat and we can go through the last one that that I have on the list and that's uh Lumenum. So, my thought is that Lumenum is building a base before it heads to the north again.

That being said, that base looks pretty sideways and on the daily chart, we've got a fair bit of sideways structure and diminished momentum.

And so my thought is I think it'll reverse, but it could run higher before it does. So, a couple of things. First is um I like uh the iron condor here. You get almost half the size of the spread, the 1040, 1050, 700, 690. So that gives us almost half the spread.

If you're thinking, hey, this thing is going to run. It won't run for long, but it's going to run. Then my thought is you can follow the money into that space and say, you know what, maybe it gets to a thousand before it breaks down in this early space. It's $3.95.

So you might go, well, that's not really that great. But $400 for $1,000 upside is still nothing to sneeze at. Mhm. >> If you sit at the open interest and you go, "Okay, I think just like you know, Micron did, I think it goes from a,000 to a,0.

It's the same price as doing the 990 to 1,000." And so there's a little bit of um there's a little bit of mispricing sitting in there.

It might be better to just pay for the one that's closer to being at the money if you want to do that. If you want to do a butterfly, you could do one that's about 30 wide because this thing moves at a clip.

It's 260, which is pretty nice for $3,000 of motion.