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$GPRO Back Below 200d - $5M Bearish Options Bet
GoPro, Inc.
Short
$GPRO Back Below 200d - $5M Bearish Options Bet
By Triple_Barrel_Capital
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Updated
May 1, 2019
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May 1, 2019
GPRO
Back below 200d ema line, headed lower near term.
Bearish options bet today - 25k $8.00 strike (deep ITM) July puts traded today for total premium of 5.6M vs OI of less than 150
Medium term target - $4.00-$5.00 range by early July
May 1, 2019
Note
Note: Informational, not investment advice.
Bearish Patterns
Chart Patterns
GoPro (GPRO)
options
Trend Analysis
Triple_Barrel_Capital
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