Continued downside for HOG
Updated
HOG gapped down hard on earnings and rushed to fill ~50% of the gap. I am buying puts here looking for continued selling down to the 45 area. Full target is 45. I expect to take some profits and close half my position near our most recent lows - 46.50 area.
Trade closed: stop reached
Closed for a lose. Rumors of HOG and TSLA partnership caused a major short squeeze above my levels. I will monitor for possible re-entry.Disclaimer
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