ADAP went too far up too fast Short

Adaptimmune Therapeutics plcNASDAQ

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⋅ May 31, 2020 11:16 PM

There's absolutely no reason this security should have exploded higher like this. Would not be the least bit surprised to see a pullback to $7-8 after a big pump like this. One way you could play it is with low cost $5 strike puts.