Bought RKLB stock and sold puts; hopes it holds recent low and turns up.
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Okay, so um as finally woke up a little bit yesterday. First candle in a while for a broken name. It's been a very very very broken name, but hey, 5355 held. It's going to try.
So yesterday I actually bought a little Rocket Labs thinking that maybe both of these want to try and turn up a little bit.
I sold some puts from 15. This is why a lot of people are, you know, upset with the summary. You know, you get a a move like this so fast and furious. At least if you use my 8day moving average rule, you got rid of it at 134 or maybe on this candle when it broke 111 and couldn't reclaim this end of it.
Um, but if you got out of the way, you know, maybe have a small double bottom and it can go again. But that that's the way most super growth names look. You're talking about more than a 50% decline.
I'd like to see Rocket Labs hold and build a little bit off off of yesterday's low. I sold puts I have some stock.
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