IREN — All updates

All right, let's move over into the next stock, which is INEN. I recently made a video on Iran and the wheel strategy. And here's Ian, $16.4 billion market cap. no PE ratio because really there's no profit which you know is concerning but it's not really an issue because they will eventually be profitable and right now it's more so about revenue growth.

Hey guys, today we're going to talk about IREN stock. I am currently using the wheel strategy on this stock. Look at IREN stock, it's priced at $45 per share.

I have earned $6,000 from the covered call options I own on IREN stock, which will expire in 10 days. So, I make huge profits from IREN just by selling the options.

The fifth stock that I am going to take a closer look at, and I believe can benefit, is I rent. Now, this one took a massive hit. And I'm planning on doing a video later this week on I rent, but to me, I didn't like earnings a lot.

Uh just on the very top-level overview, many people are complaining that I rent is not announcing new deals, right? I think people complain that, "Hey, I rent says there's no point in signing deals right now, but it's because they can't get deals."

I don't think that's the case, and I think this is so weird because I feel like I rent is telling us what Nvidia has kind of told us a few weeks ago, but just because the stock price went down, it's bad, and and people say this is a bad stock.

Number two, the heaviest stock that I bought yesterday happened right after their earnings report, and they had terrible earnings, and so the stock dropped a bunch overnight, and dropped even more the next morning, on Friday morning.

And so I told my school group on Thursday, when I saw that drop after hours, that on Friday morning, I'd be buying as long as the price was at the price that I told them. And it actually opened up right at what I said, and then dropped even further.

So I actually bought twice yesterday, and it was cool to see a lot of my school group was prepared, and those of them that did the research and thought that that was good for their portfolio, bought in as well.

And I think long-term, this is going to be a very good play.

Finally, IREN also had earnings yesterday and IREN not great. Absolutely got crushed on their earnings. Beat revenue expectations, but also lowered um lowered guidance and reported a lot of losses.

On this chart, you know, I'm I'm looking at a couple things. The first thing that sticks out to me really is the break of a potential up sloping channel line here. You guys saw a break test test test broke retrace and then I had a lower.

Coreweave, I ran, Nabias are just getting started.

I am going to go over Iris Energy, but it's not really a crypto. I'm long the stock. Not really going to go over that as like a crypto stock, but I'm going to talk about the setup.