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Ep. 100: Jon Najarian: How To Handle Highflying Marijuana Stocks, Other GameStop-Like Short Squeezes

Investing With IBD

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Quantum Scape: The Next Quantum Scape

ABML went from a little stock that nobody talked about to all of a sudden a hundred and thirty bucks a share. So I bought into quantum scape stock I put on a call spread and then not in the after hours because there are no after hours for option trading but I own the 50 calls  I was short the 65 hoping for a move like we started to get today as it went to 57 today which was significantly higher than where it was yesterday. But guess what the stock kept going ten dollars higher right now It's through the upper strike on that spread which means that if this was expiration they would be at 15 or 650 so you can imagine I'm sitting there going oh that

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