long long to short squeezeMatch Group, Inc. (MATCH) ()
Status: Open 03/06/2020
Idea: buy company shares through the purchase of Call options
Expiration Date: 07/17/20
Strike: $90.00
Target price: $130
Max open option price: $450
Option target price: $4200
Profit factor: 9
Position volume: no more than 5% of the Deposit
(www.marketwatch.com)
The company has achieved high performance indicators in its work, which despite the market correction led to an increase in quotations, due to the critical accumulation of short positions on paper and a strong fundamental, we expect Short squeeze and a significant increase in quotations up to the level of $140, where we recommend closing positions on the option.