As COVID-19 continues to spread, travel will continue to diminish. Long Term, I believe this stock will continue a downward trend towards $10 a share through 2020.
Trade active
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Trades to open position No. Price Total buy 19th Jun $11.00 Call 15x100 $6.85 $-10275.00 sell 17th Apr $12.00 Call 15x100 $5.58 $8370.00 Total $-1905.00
Interested to see how this trade plays out. Its a buy to me at any of these prices
Triston27
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Long Term is bullish, short term is not. I’m a buyer at these levels.
SubGenius
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@Triston27, I am not so sure about the long term being bullish. We are in correction territory and price action will dictate if we enter a longer-term bear market. We are due for one and a lot of variables are in play to head us that way. I could be wrong, as the market is always right :) Good luck on your trades.
Triston27
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@SubGenius, Long term is 5 plus years while short term is anything under a year.