OptionsPortal

BGFV up 50%+ before Oct 15th 2021

Long
NASDAQ:BGFV   Big 5 Sporting Goods Corporation
Heavily shorted and increasing short float.
Stock in an uptrend.
Before Oct 21, we should see an increase of at least 50% as some shorts cover.

Using options so no SL set
Target for exit is roughly $32
Trade closed: target reached
Comment: Another position taken on BGFV using previous profits. Using $30 strike with a target of roughly $40.