Massive SOXL Option Wins Coming? LEAPS to Love. It's Happening....

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I took the call side of the trade when you first made video about it. Bought 16 calls for2.40 average. Sold 8 of them on friday for 4.00. I Will let rest ride and see how they do. Thank you.

Nice...I assume you're still holding the last SOXL trade you made with 23 and 12 strikes? I 'm in that trade for the 27 leaps. Up nicely already, but I'm hoping the 23s to be ITM by August or I'll close. Of course, it could go the other way. What's your opinion on being assigned the 12s if it comes to that? Depends on the reason for drop of course, but do you have a rule of avoiding being assigned for a strategy like this? Thanks for sharing your knowledge!

A lot of people have to put up full collateral for the short puts, so the capital efficiency of this synthetic long is negated. And this is a decaying ETF, so taking a long term bullish stance on it is like fighting gravity. That's a hard pass for me.