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Boop.Fun leading the way with a new launchpad on Solana.
In the afternoon, after rebounding, it started to drop again.
The reason for Friday's rebound was short covering; too much profit was taken in the morning.
Retail investors thought it was a signal to stop the decline and jumped in to buy the dip.
At this rate, it looks like it will continue to drop next week.
The put options I sold yesterday can be closed today; I originally thought I would have to roll them to 2026.
That scared me.
Next week, I should still focus on selling calls.
Especially those that have risen too much and haven't dropped yet.
Actually, I'm not a crazy bear shouting that the market will go to zero.
If there is a real crash, none of us will benefit.
But I think the market should teach a lesson to those mindless gamblers who buy the dip (or even buy calls).
Not only do they need to feel the pain,
but they also need to realize
that besides gambling,
they really have no skills.
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