FNKO dropped hard on earnings miss and guidance, but who hasn't? FWD PE of 7. This should dead cat bounce back to $11 in coming weeks. Purchased 50 in the money Jan 20, 2023 $7.50 calls
Trade closed manually
Closed trade + 66% profit in 24 hours (weekend excluded). Likely goes to target however I must be nimble in this environment, NEXT..!Note
FNKO hit .236 perfectly $11.10, no position since closing
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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.