Bought 100 .50 calls on WOLF FOR $100 total Monday Morning

Over the weekend I saw a single darkpool buy of 19.8M shares of WOLF aftermarket on Friday June 27th. And I thought to myself, who does that? Who buys 20 million shares of a stock that’s filing for bankruptcy in 2 trading days?

So I bought 100 .50 calls for .01 each. .

This is a unique situation WOLF is at ~100% float utilization 76% is shorted, borrow rate at 476%. Shorts have less than 2 days to cover. We had 210M volume (4x the norm on July 3rd a shortened trading day) and the stock shot up 53%. WOLF Financial market news stories on blast - it’s already 4x since Monday morning… I’d speculate retail is going to chase hard. Restructuring the bankruptcy New financial support

And if we see the $1.75 trigger point Monday or Tuesday, the squeeze ignites, there’s very mild resistance at $2.15 and after that the sky is the limit. We likely see $6->$10+ by July 18th and then 🌕 as shorts cover.

Wolfspeed is integral to U.S. defense supply chains, and DoD/DOE rely heavily (~40% of global SiC wafers), they have strategic interest in the company’s stability Army, Navy, Air Force, NASA, DARPA, DOE, MDA

Trump is under pressure to issue the $750M to WOLF in the CHIPS act.

BlackRock, Vanguard, UBS, State Street currently own 63% of WOLF and they do not want dilution with the restructuring

And that 19.8 Million buy on June 27th represents 12+% of the company (likely BlackRock)

Bringing their ownership to 75%

These companies low key are starting to run the world.

China has been massively ramping up its takeover of Taiwan as we are distracted by Israel and Iran.

Which significantly disrupts our reliance on their chips. At a time when we need them the most…

If and when that happens, Wolfspeed immediately becomes a number one priority integral to national security.

And National Security can and absolutely will override the restructuring dilution and bankruptcy.

So I’m HOLDING and not settling for a penny under $100.01 a share.

Yeah I could sell my $100 worth of options tomorrow for $7000, and yeah 6900% ROI in a week is cool.

But I’m a sicko and $100->$1,000,000 is much cooler.

#YOLOWOLF