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Kenny Zufall
@KennyZufall
Stock enthusiast that looks for various plays. Currently seeks to long stocks that have an asymmetrical upside. NFA, just a retail schmuck doing his best.
1.6K Following    1.7K Followers
If you bought puts on $SOFI overbetting this pullback, you're going to be bleeding profits every day it holds this floor. Covered calls sold <$19 are at serious risk of assignment over the next few months. Every time the market accumulates non-margin shares, the floor gets raised and the float gets stickier as long-term holders lock in. IYKYK This is the dip to buy direct shares, keep it right sized to your risk tolerance to hold through volatility and with longterm positioning in mind. 🫡 You missed $15 3x this year, the market is raising the floor. If you bought $15 and sold $19 hoping for $16, the longterm bulls aren't selling at that level. Macro FUD is overdone, Interest rate fears = overdone, Oil? WTF DOES OIL HAVE TO DO WITH SOFI. Anyways rant over, I'll be quiet on it, good luck out there. PS: Stay out of too much margin, you're just waiting to be a seller with margin, the market will make the choice for you if you don't time it well.
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