Past performance does not predict future results. Informational only, not investment advice.
Author has placed a large $1M bet on TE, indicating bullish conviction. The reference to 'the German kid' suggests confidence in company leadership or a specific catalyst tied to TE's operations or management.
Author holds multiple bullish call option contracts (20x $5 calls 4/24, 15x $5 calls 5/15, 10x $6 calls 6/18, 36x $5 calls 6/18) as leverage on expected TE upside, now riding mostly free house money after taking profits.
TE dumped to $4 and author bought the dip with 2000 shares and multiple call spreads across April-June expirations. Author is bullish on recovery and has already turned a $10k loss into $20k+ gains by selling most of the position and keeping free-roll exposure.
Author holds 60 TE call options with a $5.20-$5.30 breakeven and the stock currently trading at $6.40. With 2 months of expiry remaining, the position is in-the-money, implying conviction that TE will maintain or exceed current levels.
End of results.