SMP up 16% on barely beating estimates

26 окт. 2018 г.

Up a ridiculous amount barely beating estimates. With the lack of liquidity in the market, this should head right back down to low $40's by next earnings.

There is a chance it can reach ATH before tanking though I doubt it.

29 окт. 2018 г.

Заметка

Huge jump to all time high on no volume, loading up here on puts.

29 окт. 2018 г.

Заметка

They pumped it back up over $54, lol. No bids on Level 2, less than 1,000 shares between $54 and $51. One big sell order takes this straight back to $47.

13 нояб. 2018 г.

Заметка

Finally broke below $54, targeting $50.5. If it goes back up, I'm adding puts at $56, it might be range bound for a while.

20 нояб. 2018 г.

Сделка закрыта вручную

Decided to close most of my put positions since I expect the market to bounce here. Took a loss on this one, but LB more than made up for it.