Short

DWAC Dead Cat Bounce

If Elon Musk doesn`t buy Twitter, that doesn`t mean he`s affiliated with Truth Social.
If you haven bought DWAC they announced the merger:
Tump`s TRUTH Social to compete with Twitter and Facebook

or short it at $55:
DWAC Donald Trump vs Elon Musk


then this rally today seems to me the perfect opportunity to buy $10 puts expiring early 2023.

Not because i don`t believe in the project, but because it`s overvalued at this point.
The market cap should go down.
You can buy most of the SPACs lower than the original price.
I think this will be the case with DWAC too by Jan 2023.

Looking forward to read your opinion about it.
donaldtrumpDWACdwacstockDWACWFundamental AnalysisTechnical IndicatorsTrend Analysistrumpmediatrumptradetruthtruthmediatruthsocial

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