Replies to post #57569 on "House of Pinchers" (Pinch)

[interloper]

ACOR Ran to almost 50% today and pulled back . In at .60


ACOR monthly pincher

5 min chart to time and convince me to buy

[Merebor]

I'm in one inverted pincher (GOGO) with Oct 16th puts. I've probably entered way too early and will likely have to re-enter with Nov options. I can't see there being a decent earnings with airline travel at a small fraction of what it was before COVID (Just look up verify this). I don't like seeing companies fail through something that is not entirely their fault ... but ... I'm looking for a major nose dive on this one. Then a potential ride, at least half way, back up :)