I am also the happy owner of September $70 puts, presently up 20% from purchase. Remember, I am acquiring these puts dirt-cheap at these laughably inflated market prices.
![](https://slopeofhope.com/wp-content/uploads/2024/07/slopechart_SHOP-1-640x343.jpg)
I must weigh this against the risk that people realize how amazingly strong the fundamentals and profitability of Shopify truly are:
![](https://slopeofhope.com/wp-content/uploads/2024/07/perat-1.png)