Whats The Plan/Trade/Thought
BYND does alternative meat (beef). During an inflation period with interest hikes. I believe the company will get hit by more expensive loans and consumers will move to cheaper meat alternatives like chicken
Risk Mitigation
I see 16.51 as my indicator that my direction is wrong and I should exit
Can You Trade The Opposite Side (Y/N)
N
Trade Specs
Sold 410 Calls @ 0.13
Strike 19
37.2% to Strike
BP Used: 54k
Max Gain: 5330
BYND does alternative meat (beef). During an inflation period with interest hikes. I believe the company will get hit by more expensive loans and consumers will move to cheaper meat alternatives like chicken
Risk Mitigation
I see 16.51 as my indicator that my direction is wrong and I should exit
Can You Trade The Opposite Side (Y/N)
N
Trade Specs
Sold 410 Calls @ 0.13
Strike 19
37.2% to Strike
BP Used: 54k
Max Gain: 5330
Note
Added to this trade idea30 Dec expiry - 18.5 Strike, 0.06, 578 Units 30% from Strike
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.