Long

THE BIG LEBOWSKI

Updated

Here is a bullish play on a name you've probably never heard of unless you love bowling lol. I love bowling. Bowlero Inc is the next MOASS that could put GME/AMC to shame.

Quick stats:

Short Percentage of the Float: 90.4%
Short Interest Ratio/Days to Cover: 11.2
Average Trading Volume (3m): 1,270,749 (High liquidity)
Cost to Borrow: 17%

Chart Analysis and Forecast:

- love this setup, nice momentum that will generate a squeeze (actually just started today)
- Fractal re-accumulation pattern with nearly identical setup as the accumulation pattern that it initially broke out of a few months back

** Initial Target = 17.50 by early-mid April 2024
**** Goal Target = 19-21 by mid May 2024 (up to 50% near-term upside from current price)

Those targets are being conservative, if it breaks above 21 it will go APE.

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Bullish play (not financial advice):

Load the boat with shares, Apr 19 15.00 calls, and May 17.50 calls.

Join the squeeze, its just beginning.

Note

Long term target is 30, which will give 114% gain on shares.

Note

Tell all your friends, this is going to the moon.

Note

Just went all in.

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Here are the specific trades I think will maximize profit potential:

Quickly calculate the amount of cash you'd expect to spend on your girlfriend or wife in a year. Take that amount and triple it because you're underestimating your depravity. Now write that number down, you'll need it later.

Then, breakup with your wife or gf or whatever Immediately and take the amount of money you wrote down and use it to buy as many as you can of the following calls:

*Apr 19 15.00 calls for 0.50 (expect to sell for 2.00-5.00 by early April for 300-900% return).

**May 17 17.50 calls for 0.50 (expect to sell for 3.00-7.00 after earnings in early May, est. 500-1300% return).

Note

The dude just went all in

Note

Some ppl asking for updates - same targets as initial post. We have plenty of time with the nearest expiration 4/19. If this is still 13-14 by 4/5 I will roll my calls out to May. But for now, just letting this do its thing it will squeeze!

Note

Rolling the Apr 19 15.00 calls to may for 0.50 (0.68-0.18). The pop to 14.50 last week wasn't enough to help the Apr calls, but structurally it was a sign of strength - and I'm confident this will be trading in the 18-20 range by early May.

Also added shares here.

JerryManders

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