ARCH up 100%+ (option price) before May 20th

13 Nis 2022

Heavily shorted and increasing short float.
Lower market cap for an optionable asset.
Before May 20th, we could see an increase of at least 100% (ATM option price) as some shorts cover.
Using options so time is the only SL.

18 Nis 2022

Not

100% target has been reached
Would normally sell half position to recoup initial capital invested but price action is strong
Small pullback is expected before final run up

21 Nis 2022

Not

Not a fan of purchasing higher but position has been doubled @165 strike
Expecting price to start moving quickly to the upside in less than a week

25 Nis 2022

Not

Should've taken break even
Will take a new position either @$93 or on May 20th

29 Nis 2022

Not

Due to macro envirnoment, half position has been sold for a small profit