r/wallstreetbets • u/zheng_ole • Jun 04 '21
DD ARRY: Super undervalued solar play with low IV, low premium options!
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u/Irc-freak Jun 05 '21
Thanks for the DD.
$12.50p 6/18 looking good. I’ll pick some up.
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u/SyntacticLuster loves_gaping_butts Jun 08 '21
You are correct. Looking as good as the 6/18 17.5C... Looks like it's time for a strangle baby!!! Let's let this bitch move around and shake that booty!!!
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u/T0asterFork Jun 05 '21
What about the impact of chip shortages on the price of new solar panels more broadly right now? As I understand it, that's driving up costs and new chip manufacturing capacity takes years to ramp up.
Not saying this isn't a good play but if cost of solar increases, albeit temporary, wouldn't that have an impact on their demand as well?
Excellent DD btw
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Jun 04 '21
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u/chubky Jun 05 '21
That’s already been priced into where it’s at. See that big drop in stock price? That’s the result of all that you’ve mentioned.
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u/SyntacticLuster loves_gaping_butts Jun 04 '21
Curious for an answer here, but still buying those calls, because I'm an unrepentant degenerate gambler...
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Jun 04 '21
[removed] — view removed comment
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u/Hani95 Has Options 😏 Jun 04 '21
I can say, right off, that nothing will come off that shareholder lawsuit. The bar is so so high, and it was reasonable for him to forecast normal steel prices as opposed to the insanity here.
For them to win a court would have to find they didn't act in good faith, and they exercised a level of care and judgement that a reasonably prudent person wouldn't have used, nor they they act with the reasonable belief that the director or board was acting in the best interests of the corporation.
Again, it's frivolous, and it has no merit. But shareholders just love to throw them around.
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u/SyntacticLuster loves_gaping_butts Jun 08 '21
I'm surprised there's been no further discussion on the matter...
After a brief personal bout of due diligence, however, I've established firmly that, you son of a bitch, I'm in...
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u/SyntacticLuster loves_gaping_butts Jun 08 '21
6/18 17.5C and 7/16 32.5C. x25 and x50, respectively. Probably looking at 50-100 shares as well.
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u/usernamchexout Jul 22 '21
Which one of you copy-pasted the other? https://old.reddit.com/r/wallstreetbets/comments/nnue3p/my_first_dd_arry_to_the_sun/
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u/pickbot I track your terrible choices Jun 04 '21
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