Reddit discussions surrounding Trump Media & Technology Group Corp. (DJT) have been active, with users sharing their experiences and speculations about the stock. One user detailed their journey with DJT cash-secured puts, highlighting a successful strategy that yielded a 91.72% annualized return on margin used. This user noted the high implied volatility of DJT options and shared that they managed to avoid assignment on any of their 97 trades, which were mostly rolled until expiration.
Another discussion on Reddit speculated about the potential impact of an unrelated event—a reported explosion outside a Trump hotel—on DJT's stock price. Despite acknowledging that the hotel is not connected to the company's operations, the user predicted a possible 5% increase in the stock, reflecting the often unpredictable nature of market reactions to news events, even when they are tangentially related.
The current price of Trump Media & Technology Group Corp. (DJT) is $34.50, reflecting a 1.17% increase from the previous close.