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Re: BottomBounce post# 18487

Thursday, 02/18/2021 12:46:46 PM

Thursday, February 18, 2021 12:46:46 PM

Post# of 20540
Most of the time Barron's article is a pitch for naive to buy and professional to unload.
From last Tuesday morning buyers are unable to unload this is seven days going so no reason to speculate on Bullish side short term unless you are writing covered calls. The pattern broke to Tuesday after Friday expiration. It could happen again on Monday but I doubt.
Target seems to be $ 11 so all calls could expire worthless at or above that strike as usual. Unless Robbinhood crowd punish short sellers.
Good luck and happy trading

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

http://investorshub.advfn.com/boards/board.asp?board_id=4514

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