DNUT, Bought a ton of the July 18th calls, $5 strike. Either I lose a little or win a lot. I think the stock is priced for the worst-case scenario. The chart is basically straight down since November 2024 with no real attempts of a bounce. Big big volume the last two weeks. If the lows in that $2.60-2.80 area hold I think the chances of a bounce attempt in the next two months are good. I'm pretty sure I saw a 27% short interest on this ticker too....and with a name like DNUT, if it starts to squeeze then it's got meme written all over it!
DNUT, Bought a ton of the July 18th calls, $5 strike. Either I lose a little or win a lot. I think the stock is priced for the worst-case scenario. The chart is basically straight down since November 2024 with no real attempts of a bounce. Big big volume the last two weeks. If the lows in that $2.60-2.80 area hold I think the chances of a bounce attempt in the next two months are good. I'm pretty sure I saw a 27% short interest on this ticker too....and with a name like DNUT, if it starts to squeeze then it's got meme written all over it!
