I'm doing this for shits and I bought 10 puts @ 60 exp Jan 17 2020 $1 each
If BYND drops to around $80 I'll profit $3 per put. If even lower. It'll be better.
Share lock up expires oct 29th but BYND may have a plan and they have had conservative guidance so its also possible that revenues beat and that pushes shares higher for awhile however valuation does seem kind of extreme on this. I may be wrong. I'm not a fundamentals guy.
If BYND drops to around $80 I'll profit $3 per put. If even lower. It'll be better.
Share lock up expires oct 29th but BYND may have a plan and they have had conservative guidance so its also possible that revenues beat and that pushes shares higher for awhile however valuation does seem kind of extreme on this. I may be wrong. I'm not a fundamentals guy.
Trade closed: target reached:
$135