Area of interest for bearish reversal pattern. I am bullish longer term on this stock but would not be surprised to see it pull back in to the 240 area.
So trade would be wait for correction to add longer term rather than chase or short term short on reversal confirmation.
So trade would be wait for correction to add longer term rather than chase or short term short on reversal confirmation.
Comment:
Holding some 255 PUTS with 30 day exp. from 262. If there is a reaction at Butterfly completions its usually a sudden substantial move so I hesitate to close the position with this much time left.