MannKind Stock Discussion

Surpassed target price and am focusing elsewhere.

of LETFs and contracts…

I think this company still has room to grow and may be undervalued, however it is next to being scaling out for other opportunities as the space is crowded and many new therapies have advanced.

These calls performed well in theory, but I was unable to get a fill at maximum profit, which was about 90%. I’ve learned a realted lesson a few times. It’s key to trade options with a great deal of liquidity. (Or pay a fee for more obscure tickers, in order to get a more beneficial fill.) I now largely trade more popular contracts and use LEAPS to speculate in the longer term on less heavily traded equities; treating them as less capital intensive share proxies, to be traded at a ...

No longer adding as I’ve a great deal of exposure to the space. A medium term hold, performing well.

Exited MNKD calls up 40%, exiting SMCI short, exiting Chewy lottos. Long Nvidia, buying ASTS shares, holding UVXY December calls as a hedge (and will buy more when cheap.) Adding to leveraged BTC ETF.

At 30% profit on calls, I will begin selling the contracts. The shares are a longterm hold and candidate for writing contracts.