Trade Alert: Memory, Energy Storage, And Space
Bullish options bets on three names tied to AI and space.
Trading The Bounce, Selectively
Yesterday’s bounce was strong enough to change the setup.
We had a sharp momentum correction, followed by a broad rebound ahead of the SpaceX IPO. Some names still look damaged. Others look like they may have shaken out weak hands and started to recover.
Today’s trades focus on the second group.
Previous Winners And Fresh Setups
One of today’s names is a previous winner for us. We’ve already seen the market reward the theme before.
Another is a name where we already have an open trade. Normally, that would make us more cautious about adding exposure. But after this week’s sharp pullback, and with the SpaceX IPO putting the broader space economy in front of public investors, a satellite-to-cellular company we’ve traded before looks worth another swing.
Two of today’s names also have reported short interest of roughly 18% or higher, adding potential fuel if the bounce continues.
The common setup here is simple: strong themes, recent pullbacks, Thursday rebounds, and option structures that give us attractive upside potential relative to our risk (in a couple of these, 2x or more potential upside relative to our maximum downside risk).
Full details below, including our pre-set exit orders, so we can cash out automatically if these trades go our way.
Today’s First Market Watchers Trade
AI memory / data-center bottlenecks theme
