Powell's revenue miss yesterday gives us another entry into a picks & shovels play on the nuclear boom. Plus, a PA Top Names trade in a similar space.
Out of the POWL call spread at a net credit of $40 today.
Exited the put spread part of the ESE combo at a net debit of $0.20 on 8/12, for a gain of 94% on spread premium and 42% on spread width/max risk.
Exited the call spread part of the ESE combo at a net credit of $12 today. Net profit: $8.80 (293% on premium outlay; 68% of max risk).
POWL's at $239 after hours now, higher than it was before yesterday's earnings. The idea that OKLO and LEU could skyrocket and POWL would tank didn't make much sense to me.
Out of the POWL call spread at a net credit of $40 today.
Exited the put spread part of the ESE combo at a net debit of $0.20 on 8/12, for a gain of 94% on spread premium and 42% on spread width/max risk.
Exited the call spread part of the ESE combo at a net credit of $12 today. Net profit: $8.80 (293% on premium outlay; 68% of max risk).
POWL's at $239 after hours now, higher than it was before yesterday's earnings. The idea that OKLO and LEU could skyrocket and POWL would tank didn't make much sense to me.