This thing dropped 12% today. Would have been a great short.
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Since I posted this, BYND has dropped $42 or about 19%. A ATM or NTM put would have yielded a profit close to 4K a contract. This would have been the easiest money. It coincide with the market selloff too. Unfortunately it is too obvious. Even experienced traders that I know didn’t want anything to do with shorting BYND. Too bullish they said! Sigh!