The call option contract did 5X today ( strike $100 for 2/16/24) that was before the explosion- share price up intraday 5 % on the run up and then 20% in the post-earnings action. I expect 13X overall and will take the profit off the table. I am tempted to roll this single contract forward a week to decrease the leveraging and so the risk but the better approach is to take the excessive profits now and be done with it.
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Nice finish to the trading week. NET popped and then went into Friday afternoon consolidation to end the price action. May have continuation next week.
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Afterthought- extreme insane return on options- took 25% of them with close and rolled the rest just before the NY lunch hour
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Zoom-in View shows NET as a light retrace so far so more to go ? or it will have a shallow one just too strong? ARM and PLTR were similar awaiting more action .