NASDAQ:MAXN   Maxeon Solar Technologies, Ltd
Young Singaporean company Maxeon Solar Technologies makes solar panels and components for an international market that is facing a deepening energy crisis. Maxeon is found everywhere from Sunpower-branded products, developing projects, system integrators, residential and small-scale commercial customers.

Trying out Elliott Wave Theory combined with a very conservative hedged strategy just in case things go south in this market.

Buying 1 $17.5 CALL
Selling 1 $20 CALL
Selling 1 $5 PUT
Selling 2 $10 PUTS
Exp 3/17/23

Should make up to 10% (26% annualized) but also allow room for MAXN price to fall 47% (to $9.99, or the lowest level on my fibs) before losing any money.

Capital required for this strategy = $2498.30


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