WW put Короткая

WW International, Inc.NASDAQ

Описание

⋅ 7 мар 2023 г., 14:48

Went up too fast and very close to the Feb. top, could form a double top.

The volume is also too big, sign of exhaustion.

Bought April $7.5 put for $2.60. My break-even is $4.90

I will close my position before expiration.

Target: the gap-fill at $4.25

Placed a GTC order to close my long put at $3.4

Комментарий

⋅ 7 мар 2023 г., 17:23

I just short the shares at $5.79

Target: $4.7

Комментарий

⋅ 7 мар 2023 г., 20:04

Bought more April $7.5 puts at $1.8
My average is now $2.2, break-even is $5.3

Will close ha;f at $3, the other half at $3.4
Now I'm waiting for the price to drop in the coming days

Комментарий

⋅ 10 мар 2023 г., 06:25

closed at $2.4. :(

Комментарии

without_worries

⋅ 3 апр 2023 г., 18:10

Were you long WW all this time?

qyu001

⋅ 4 апр 2023 г., 04:30

@without_worries, No. I only bought put on March 7th, and shorted the share at $5.79. I don't believe this company can turn around. If I get another opportunity, I will buy put again.

without_worries

⋅ 4 апр 2023 г., 08:29

@qyu001, Would make that Put a Call now. 3-week chart below. Never had a false signal on this time scale. Whatever is happening to the business there is very strong chance up a reversal in price action. I have no idea why.

without_worries

⋅ 10 мар 2023 г., 07:51

You might see support again around the 4.40 area on the GRM

qyu001

⋅ 10 мар 2023 г., 13:16

@without_worries, I also feel it will be slowly bleeding from here.

without_worries

⋅ 10 мар 2023 г., 14:22

@qyu001, Only until it hits support. The bigger picture is very bullish. This is a 3-week chart. Yup, each candle 3-weeks of data.

without_worries

⋅ 7 мар 2023 г., 21:11

Sell signal not yet printed. Yes a pull back is likely but the trend is massively up, $15-16 first significant resistance.

qyu001

⋅ 7 мар 2023 г., 21:15

@without_worries, Thanks for the input!

I usually go with my indicators. Currently, it is way overbought.
I place many trades, and each one is of small size so I can just sit and watch.

without_worries

⋅ 7 мар 2023 г., 21:32

@qyu001, I use my own indicators. Yes it is overbought. It can remain that way for minutes, hours, days or weeks.

qyu001

⋅ 7 мар 2023 г., 21:20

@without_worries, How do you post chart in the comment area? Thanks!

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