CHEGG Potential short on this name on a bounce back to the $40 area - this is NOT for retail traders. Looking for a 40% eventual drop with deep itm puts. Do your own DD. #stocks #trading #options #fintech #Puts
Note
$40 should just about do it on this name before a total collapse - be patient we may need that cushion - do your own DD - shorting is very risky and NOT for retail traders.Note
Watching this one for that bounce to $40 it's up 2% todayNote
About 10 days ago the CEO SOLD over $6 million of this name - a bounce to $41 should do it - not a play for the retail trader.Note
Time to short this name - do your own DD and NOT FOR RETAIL TRADERS.Note
Maybe one last breath of life in it? The CEO sold at $41 the exact top!Note
Down 5% today - a good start to this trade idea.Note
Working our just fine so far down 10% todayNote
No telling how low this name can go - do your own DD and please read above if considering this trade.Note
Down another 4% today
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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.