Would you pay $35 for a stock you can buy today for $20?
Sounds crazy right?
But that's exactly where I am with $PL.
Started selling puts on it in April.
Made money every week. Felt unstoppable.
Then space stocks crashed. $PL tanked.
And it didn't stop.
My puts are deep
Sold puts on $HPE today. $2,140.
They report this week so this is one to be careful with as it's volatile.
But here's my reasoning.
Every hyperscaler this quarter said the same thing. More data centers, and not just this year.
HPE sells the servers and networking that go
Right now there's an IT guy somewhere who just found out his company has 40 AI agents running.
He didn't set them up. He doesn't know what they can reach. He can't switch them off.
$OKTA sells the answer to that. They've spent years deciding who gets into what at a company.
$RDDT doesn't look exciting right now.
No data centers. No GPUs. No AI infrastructure.
Never mind that Google and OpenAI pay them around $130 million a year for their data. Apparently that only counts if you own hardware.
So the stock got sold off while everyone chased the
$MU: +140% revenue, 6x fwd PE.
$NVDA: 71% growth, 22x.
$META: 26% growth, 17x.
The market has decided memory earnings don't count.
Maybe it's right. Micron's growth is coming off a bad year and nobody thinks it lasts.
But contract prices are still going up. Another 13-18%
Expiration Friday. Two big decisions before the close.
$CELH is the interesting one. Tanked on earnings yesterday and I had made peace with buying $27 shares worth $24. Then it spent today climbing back. Now the puts might expire worthless. Or I roll.
$NVDA is the other.
