Peloton Interactive, Inc.
Short
Updated

PTON Short

341
RSI divergence
Might form double top

Short 160
stop 175
Target1 140
Target2 120

I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Trade active
Option trade:
Buy APR Put Butterfly P105/125/145 limit 3.15;
Delta= -0.04, Theta = 0
Stop 175;

P145 Delta= -0.31
Min 31% to win
Max Reward:risk 16.85:3.15
Trade closed manually
Close 3.46, small winner

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