Yeah...
Again, this is another stock that's been added to the meme basket. Yes... a Silver Mining/Trading company was added to the Meme stock basket... it didn't make much sense until i saw they added this yesterday and that AG has earnings TOMORROW. The only reason to add things to the meme basket like this is obviously to make meme stocks go down with a helpful push from bad earnings.
It doesn't make sense that this stock would drop MORE from where it already is... it really doesn't, but seeing that they added it to the meme basket 1 day before earnings... yeah i'm now convinced AG will have bad earnings and Wallstreet/someone already knows. You don't add successful companies to the meme basket :)
TLDR: Get $AG Puts 11-25 days out.
Again, this is another stock that's been added to the meme basket. Yes... a Silver Mining/Trading company was added to the Meme stock basket... it didn't make much sense until i saw they added this yesterday and that AG has earnings TOMORROW. The only reason to add things to the meme basket like this is obviously to make meme stocks go down with a helpful push from bad earnings.
It doesn't make sense that this stock would drop MORE from where it already is... it really doesn't, but seeing that they added it to the meme basket 1 day before earnings... yeah i'm now convinced AG will have bad earnings and Wallstreet/someone already knows. You don't add successful companies to the meme basket :)
TLDR: Get $AG Puts 11-25 days out.
Trade closed: stop reached:
Closing this one today regardless of state.