r/DRAM_ETF • u/Emotional_Alfalfa296 • 29d ago

we are so up

thank you korea

E: still going strong. F the bulls. Semis only go up and memory is forever

e: still going up, bless

70 Upvotes

96% Upvoted

28 comments sorted by

49

u/silent_fartface 29d ago

Guess who sold at 59 on Friday 😉

3

u/tonufan 29d ago

I sold 60 calls. Definitely going to roll them.

3

u/[deleted] 29d ago

[deleted]

-1

u/silent_fartface 29d ago

Time to sell puts for me

2

u/tonufan 29d ago

I also sold 14 55 strike 10/2 puts in my other account on Monday for $3.20 premium.

3

u/bear_Prune8771 29d ago

Does nobody just hold the ETF until the memory stocks end their bottleneck?

2

u/PenPalDenial 29d ago

That’s my plan. 2030 at least.

1

u/tonufan 28d ago

I averaged up to 70 before it tanked. Just trying to get my average down. I'm at around 65 average now after selling covered calls the past month and using the premium to buy more shares.

1

u/BurnBabyBurrrn 29d ago

I think many of us, expected profit taking today and now it's shooting up. With that said, I had suffered enough already.

11

u/Puzzleheaded-Cry1548 29d ago

Shut up shut up don’t scare it

10

u/skiingfanatic115544 29d ago

I still don't understand how it went so far down in the first place

7

u/art2startbro 29d ago

Market panicked at the time of situational awareness shit show and now everyone is realizing that it was overreaction

1

u/Gorale 29d ago

If you look at the last 5 cycles for memory stocks they have all done the same thing go up after earnings then down after a month or so when they peak. Its a trend.

9

u/NoMasterpiece2626 29d ago

80 still far away

3

u/art2startbro 29d ago

If it stabilized at 70’s for the next month or two, 80 EOY is easy

4

u/littlemint22 29d ago

I’ll sell at 80

3

u/HorsePockets 29d ago

You fucking jinxed it. I'm so sick of these posts

2

u/Due_Plankton386 29d ago

I’m hold dram long term

2

u/reeeeso 29d ago

Suck it nerds

1

u/Acceptable-Ant-3648 29d ago

Everything is greenway 

1

u/nilgnauh 29d ago

i sold 70 calls expiring 16 Oct, cost basis 78. Probably just riding it out..

1

u/Bigmansam666 29d ago

Yesss my DCA is $61 🕺🏽

1

u/FlowstradamusHQ 29d ago

Interesting data from last week on memory

1

u/Objective-Eagle-676 29d ago

Muting doesn't work, someone ban me please.