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edutradinguru
Jun 18, 2020 8:18 PM

BEYOND MEAT BYND - AIMING AT THE GAP Short

Beyond Meat, Inc.NASDAQ

Description

Hello, despite I like this stock a lot, we must be honest and say that the Short Term action is short. Bearish Divergence on the daily and there is still a gap to be filled at 95-111.
Won't happen all of a sudden, 135 is a medium level, many volumes occurred there.

My strategy is to buy a put 135 10Jul (120$) and finance it with the sale of a 175 call with same maturity(300$).

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