Pretty good liquidity on UAA weekly options, this one might be a good short term trade (as in 2 - 3 days). I'm already in this morning but you may want to see how the day ends.
UAA goes gap with the market, so if they pump futures on Monday this will gao up. Overvalued though, based on this blowout quarter it's got a P/E ratio of 33 and no dividends.
UAA goes gap with the market, so if they pump futures on Monday this will gao up. Overvalued though, based on this blowout quarter it's got a P/E ratio of 33 and no dividends.
Trade closed manually
UAA now following the market after dumping the morning pop. Getting out while I have a small profit.Trade active
Got a better entry point this morning, looks done this time. Gotta fill the gap at $23.1.Trade closed manually
of course this dropped with the whole market. Closed the trade today along with my SPY puts. Still plenty of room to go down, but I'm expecting the market to bounce for a day or 2.Note
Guess bad news trumps a market bounce. Wish I had kept my puts, oh well.Congrats to anyone who stayed in.
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.
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.