I am back in this trade a second time in about a week. Last time I bought puts which doubled on the drop. This time I am shorting the common stock and will add as price increases for a nice average. 1,000 shares short $58.10 will add every $1.50 increase equal number of shares. Way overbought and getting ahead of itself. I will also buy puts in the $60's
Note
Added 250 shares @ $59.10 another order in 250 shares @ $60.10 if it gets thereTrade closed manually
Bought to cover 1250 shares at $57.30 made $1250.00. Generally I don't like trading stocks with low daily volume under 1-3 million shares daily and illiquid options markets.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.