$ALB Short Idea
Updated
ALB big gap up before ER has me suspect... also technically it looks like FEB price action is still in a downward channel, and now there is a juicy gap below :)
I like the R/R on a short before ER's move.
Small size, picked up a few puts. Can also do bear spreads for less risk exposure.
I like the R/R on a short before ER's move.
Small size, picked up a few puts. Can also do bear spreads for less risk exposure.
Note
Oof very wrong on this one... Puts incinerated lolNote
What's interesting is after the PEG and breakout, it came right back down to channel retest and bounced, ripped to 270 now damn Call holders RICH RICH if they still holding !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.