Badger puts a cool $100 to good use by investing in shares of Axon Enterprise $AXON. It’s a great company with a seriously good ethical backbone — Monkey supports the cause but questions whether it’s the right time to buy given the gnarly macro backdrop.
Monkey meanwhile adds even more to his Coherus Biosciences $CHRS position, but this time using the 5/17/24 Call options. He explains why, despite 90% of options expiring worthless, he chose this vehicle instead of buying more shares outright.
“Strap on your theta dildo and start pounding” might sound like you’ve walked into the wrong room in a 70s seedy Times Square joint, but Monkey explains what this means in terms of options losing value and how you can take steps to avoid getting pounded, and not in the good way.
The Owl’s Nest brings us an unfortunate story of a good man getting scammed. Badger interviews his friend who lost too much money falling for a playbook that takes advantage of our human desire for lots of wealth quickly. Monkey admits to first-pawed experience with Greed as one of the most rotten bananas in the investing bunch and how investors can set themselves up to avoid nasty jungle predators.
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