Hello Investors,
Today we discussed the AI news as China’s Deepseek AI model sparks a big Tech sell-off. This is a true Unknown/Unknown and as such wasn’t priced in ahead of today. And most likely isn’t all priced in on the first day of the news. We would anticipate further follow through as we detailed the 4-stages of a trend concept.
We bought protective put spreads in CCJ, although it is an energy (Uranium) company. The ties to AI and Nuclear Plant buildouts are there.
Buy to open: CCJ March 21st (monthly) 45.00 strike put
Sell to open: CCJ March 21st (monthly) 40.00 strike put
Debit: 0.99
Max risk = 0.99 or $99.00 per spread
Max reward = 4.01 or $401.00 per spread
Have a great week!