$CRITICAL METALS CORPORATION(CRML)$ now I am stuck... lightning really stuck 3x...
They said that got one right is luck, guess it right twice maybe coincidence. What about 3-strike in a row??! That is "skills"?! [Silence] [Doubt] [Chuckle] [Evil] [Bless] or simply "plain dumb luck"?! 🍀 [Facepalm] [Tongue]
If you are a follower, you would have read about my $MP Materials Corp.(MP)$ holdings, which I had written for quite some time and its brief founding history. Last week, I wrote about strike-2,$Lithium Americas Corp.(LAC)$ , which continues its rise in pre-market today. It is moving so fast that even my $10 call option is at risk of getting done... 11 days left to the option expiry... At last Friday's market close, my third miner started to show unusual price spike that confirms my "fear-mixed joy" 🥲 lightning has indeed strike again! $CRITICAL METALS CORPORATION(CRML)$ , the miner that I have been sharing a while here, will be the next TIP trade. Those who has not read my last week's post, TIP stands for Trump Influenced Play. It is slowly turning into ATM (After Trump's Money) if I can continue to get the "ingredients" right.
On another thought, I better not get used to it... looking at Elon Musk with Trump's relationship, banking on Trump never pays...
$CRITICAL METALS CORPORATION(CRML)$ trade has indeed been profitable. In 11 days, I would probably lose (closed) almost all my LAC shares (I sold 2 calls option) and some of my CRML shares (sold 1 call option), losing perhaps $500-$1000 of possible profits... while getting more than $2850 of proceeds (before cost of around $790 including commissions). Is this still considered as a good overall trade? Or perhaps should I be greedy and closed out all my options by taking losses in hope of greater upsides down the road?
Nah... I guess that is what selling covered calls are about. The upsides are capped. If you tell me last year when I started auto-investing in LAC that this is the outcome for a year or 2 of patience, I would have gladly taken it, so why shouldn't I now?
I have my fun... I had enjoyed the journey, the ups and downs, which is plentiful in a lithium mining trade. Trust me. Investing in miners are profitable... if you know where to look. The outcome might not be expected... but given a great asset, it is only a matter of time that the promise would be fulfilled, Trump or no Trump.
I digress... it is still about CRML... or TIP trade. There are more to come in this space. The question is if I could successfully make the next move before trump does... remember, it is always critical industry (minerals or technology) and the supercharged targets are always in need of more money to take to the next stage. They are also mostly leader of their field, or potential of leadership in their field...
One more thing I forgot to mention. I also wrote about the brief history of the founding of CRML, but it was not "pushed" by 🐯, so likely not many have read about it. In that article, I wrote about how the deal was completed politically during the period of Biden's administration. I also mentioned it would suit Trump's agenda. Guess I was not just about luck 🍀 after all then!? [Tongue] [Sly] [Silence] [Thinking] [Chuckle] [Evil]
@Daily_Discussion @TigerStars @Tiger_comments @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
wow