I took off the rest of my PCLN short inside 12631 after my earlier post this morning. The stock is now very quickly oversold, and I am not looking to get too greedy into the weekend. I also covered the rest of my WYNN short for similar reasons, both for wins.
I covered a NKE starter short position for a about a two-point loss, too.
Although the market is staging another textbook V-shaped rally off the lows today, I still think the overall action in the large cap biotechs is not particularly constructive, so will hold onto my BIS starter.
As far as longs, I am still long DISH and JO, with a small profit cushion on each with my core entries there.
What are you trading today?
Short SBUX, LNKD, TRLA, SUNE and SPWR via puts
Nice, thanks.
GAGOOSH
SBUX was showing some resilience yesterday and today.
Not enough to cover
HE NEEDED DA MONEY
Dice, is that you?
picked up PCLN option for next week -1205 strike
Entirely below lower BB now.
still with SBUX..have a good weekend
https://www.youtube.com/watch?v=z_fT5zbvwl8