$CCIV Way Oversold - Buy Calls
Updated
Since the news of the Lucid Merger the stock fell nearly 60% in just a few days. With the mass sell-offs this week this created a panic and the stock seems to be extremely oversold.
Trade active
Bought CCCIV $28 Calls3/19 Exp
Trade closed: target reached
Closed Calls at $31.50 2/26 right at market openQuick turn 58% profit
Trade active
Re-entered at 10:23 amBought $31.50 Calls Exp 3/19 $440 per contract
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