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We Trade Setups is where our Skills, Experience & Technology Uncover Trading Setups in US Equities and Options

05/27/2022

Ok, here is a speculative Options play for my trader friends, do this TODAY before the market closes:

Buy to open $IPOF July $10 call options for no more than $.14 (Offered at $.13 now)

$IPOF, is a S**C by Chamath Palihapitiya who has already brought 4 companies public this way.

He has raised over $1 Billion already to do a deal and has been searching since Oct 2020. Today the volume is over 13 Million already within a shot of the most ever at 14.7 million shares traded

With $IPOF at $10.01 right now the recc. to buy the July 15th $10 call option at $1.4 or less gives you the rights to all gains ABOVE $10 between now and July 15th

SO, IF and it is an "IF" there is a deal announced for $IPOF and if the market deems it Good, it will push the price up. How high I do NOT know, but we have seen many S**C deals that are well received in the market pop very nicely.

IF $IPOF pops to say $14 as an example only, then these options I am telling you to buy that are $.14 each now (means actually $14 each) will be a MINIMUM of $4.00 (which means $400)

$14 to $400 is what will happen to EACH option IF I'm right. We have 49 days for this to happen and if not, we may lose ALL or part or maybe the stock pops a little and this doubles, who knows.

Those who know me, know that I DO hit grand slams once in awhile and here IMO is an opportunity for you to participate

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