a rational trade
so 
ON is without a doubt an amazing company so I'm not betting on it to die
just mean reversion
I have a 12/17 put because just look at it.
overbought, big gap, little support, crazy run, QQQ at the top of it's channel
everyone thinks semi's can't fall with NVDA and QCOM and AMD but just mean reversion is needed with such fast moves
I may buy when it hits $50 (which is my target) because it's great
just a chill trade
ON is without a doubt an amazing company so I'm not betting on it to die just mean reversion
I have a 12/17 put because just look at it.
overbought, big gap, little support, crazy run, QQQ at the top of it's channel
everyone thinks semi's can't fall with NVDA and QCOM and AMD but just mean reversion is needed with such fast moves
I may buy when it hits $50 (which is my target) because it's great
just a chill trade
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