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Originally Posted by trader220
Thanks I am not foolish enough to proclaim where this ones is going to be over the course of the week. Quite a few variables in play this week. Not just that this stock is still grossly over bought, but this Virus is killing global markets and the global economy.
As I said above, go back and read my comments on this name. I wasn't knocking anyone... this thing's a beast you could wake up and it could be 25% away from here one way, then the other, or not.
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Well said, hope no one else loses their shirt over this.
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If you know the market god ask him for a $600 close on Friday, pinned at strike would suit me well, at least the way I am set up right now.
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Good luck to you ! Seems like the upside in the option mkt is really limited without taking undue risk but even then, the rogue wave crushes all except the house.