TradingView
HOFFSUEMMER_CAPITAL
4 dic 2019 02:41

SSI SHORT (will be below $3 before April 2020) Short

NYSE:SSI120

Descrizione

⋅
SSI is up 915% since JAN 2019. Time to ride it down. Bitcoin and tulip mania for discount retail? Next bubble...

Initiated small options trade SSI APR 2020 $5 PUT. Ten contracts at 1.30. Break-even = $3.70. I'm betting this stock trades below $3 before April.

Commento

⋅
Added to options trade. APR $5 puts. SSI risk profile changes substantially after December. twitter.com/hoffsuemmer/status/1203170649461678080

Commento

⋅
SSI $7.5 PUT JAN 20 @ $1.35
twitter.com/hoffsuemmer/status/1204456777913454594

Commento

⋅
This aged well. Closed down about 57% today and had session low of $2.87.
Technical IndicatorsBeyond Technical AnalysisSSIbubbleshort
Commenti
HOFFSUEMMER_CAPITAL
⋅
...and SSI completes the boom-bust cycle.
klomlk
⋅
@HOFFSUEMMER_CAPITAL, will it go long from now on?
HOFFSUEMMER_CAPITAL
⋅
@klomlk The big money has been made on the initial move up and the last two crashes. There’s better / more definable opportunities out there now.
klomlk
⋅
Very good analysis, I took my benefits before it was too late. Thank You!
HOFFSUEMMER_CAPITAL
⋅
@klomlk glad to hear you were able to get out before the drop
klomlk
⋅
@HOFFSUEMMER_CAPITAL, yeah, I earned quite a bit thanks to this stock. I'll be following you from now on
HOFFSUEMMER_CAPITAL
⋅
@klomlk thanks!
HOFFSUEMMER_CAPITAL
⋅
This aged well. Closed down about 57% today and had session low of $2.87.
Altro