Monster puts on MNST energy
Noticed some large puts being bought for $50 and that is a long term support. Price looks over extended and earnings if they are bad could drop this down hard.
Commento:
Filled at 1.05 for $50 strike.
Commento:
Puts already in profit
Commento:
Puts bled a bit, but now back in profit.
HTF divergence playing out as SPY craps the bed.
Puts bled a bit, but now back in profit.
HTF divergence playing out as SPY craps the bed.
Commento:
Trade complete. MNST dumped. Wish I had bought ITM puts instead looking back. Cleared a little over 40%.
Commento:
OI on the puts I bought dried up fast from 40k to 2k so I made the right call getting out.