SSI SHORT (will be below $3 before April 2020)
Updated
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.
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.
Comment
Added to options trade. APR $5 puts. 
SSI risk profile changes substantially after December. twitter.com/hoffsuemmer/status/1203170649461678080Comment
SSI $7.5 PUT JAN 20 @ $1.35twitter.com/hoffsuemmer/status/1204456777913454594
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This aged well. Closed down about 57% today and had session low of $2.87.
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