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SSI SHORT (will be below $3 before April 2020)
Short
SSI SHORT (will be below $3 before April 2020)
By HOFFSUEMMER_CAPITAL
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Updated
Dec 7, 2019
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Dec 4, 2019
SSI is up 915% since JAN 2019. Time to ride it down. Bitcoin and tulip mania for discount retail? Next bubble...
Initiated small options trade SSI APR 2020 $5 PUT. Ten contracts at 1.30. Break-even = $3.70. I'm betting this stock trades below $3 before April.
Dec 7, 2019
Note
Added to options trade. APR $5 puts.
SSI
risk profile changes substantially after December.
twitter.com/hoffsuemmer/status/1203170649461678080
Dec 16, 2019
Note
SSI
$7.5 PUT JAN 20 @ $1.35
twitter.com/hoffsuemmer/status/1204456777913454594
Jan 13, 2020
Note
This aged well. Closed down about 57% today and had session low of $2.87.
Beyond Technical Analysis
bubble
Technical Indicators
short
SSI
HOFFSUEMMER_CAPITAL
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