$ONON Trade Thesis
I’m looking to enter around Oct 30 and hold through November.
Why:
ONON has been positive every November since IPO: +17.6%, +10.4%, +13.0%, +23.0%, +18.4%.
The stock is still well off its highs.
Google Trends = attention, not necessarily purchases.
Earnings/IV crush could hurt calls even if the stock moves up.
Plan: Check everything on Oct 30, then likely use an ITM/ATM Dec or Jan call where a conservative +10% stock move by end of November still gives a decent return.
$ONON Trade Thesis
I’m looking to enter around Oct 30 and hold through November.
Why:
ONON has been positive every November since IPO: +17.6%, +10.4%, +13.0%, +23.0%, +18.4%.
The stock is still well off its highs.
Google Trends remains strong YoY: roughly +25–30% for On searches in Q3, with Cloud 6 +50%+.
On search growth is currently stronger than ASICS in Q3.
Real-world brand visibility still looks strong to me.
Main risks:
Only 5 years of November data.
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smoking cigarettes is not gay
your brother could be your roommate
you can skip the gym if you feel like it would break your bones
you should take care of your parents when they are old
lying is necessary sometimes
with the others I agree
You will never know which system will outperform.
What worked in the past is never guaranteed to work again.
You have to always create new and review old systems to deploy more or remove funds depending on performance.
Trading is a long war.
Keep grinding.
Never give up.
@timpjohansson obviously the fed ones
I still believe that fasting gives you certain superhuman abilities that you would not unlock otherwise like starved hyperfocus for example
@C4RNAGEnzo @neppy His reason is about trading out of necessity, which is the worst thin you can do in trading,
you will inebitably destroy yourself
believe me, I was there
There is other ways to win always.
@ToolySOL Trading does not actually require money to begin with
As soon as you have an EDGE it is no problem to attract money
If you respect the market it will give you riches beyond your wildest dreams