Feb. 19 at 11:15 PM
My experience averaging into
$IE has taught me that hysteresis is the single most important word in modern markets. In these ex-hot names, options hang over the common like a dark cloud as expiration approaches.
The same thing happened to
$OKLO last year, though IE has nowhere near the coiled spring factor OKLO did. I continue to average in, seeing it as a high-margin putt that could turn into a birdie or an eagle if Typhoon finds a massive field.
I think both names go higher, but I hold no Oklo because I'm unsure it has a durable edge over fusion, EGS, or TerraPower's Natrium. Trade and learn...
