$CCIV Way Oversold - Buy Calls Long

Description

⋅ Feb 25, 2021 7:11 PM

Since the news of the Lucid Merger the stock fell nearly 60% in just a few days. With the mass sell-offs this week this created a panic and the stock seems to be extremely oversold.

Trade active

⋅ Feb 25, 2021 7:12 PM

Bought CCIV $28 Calls
3/19 Exp

Trade closed: target reached

⋅ Feb 26, 2021 3:02 PM

Closed Calls at $31.50 2/26 right at market open
Quick turn 58% profit

Trade active

⋅ Feb 26, 2021 4:09 PM

Re-entered at 10:23 am
Bought $31.50 Calls Exp 3/19 $440 per contract

Comments

datadatadata999

⋅ Feb 26, 2021 8:49 PM

*insert goat emoji* nice work.