CHEGG Potential short on this name on a bounce back to the $40 area - this is NOT for retail traders. Looking for a 40% eventual drop with deep itm puts. Do your own DD. #stocks #trading #options #fintech #Puts
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$40 should just about do it on this name before a total collapse - be patient we may need that cushion - do your own DD - shorting is very risky and NOT for retail traders.
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Watching this one for that bounce to $40 it's up 2% today
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About 10 days ago the CEO SOLD over $6 million of this name - a bounce to $41 should do it - not a play for the retail trader.
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Time to short this name - do your own DD and NOT FOR RETAIL TRADERS.
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Maybe one last breath of life in it? The CEO sold at $41 the exact top!
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Down 5% today - a good start to this trade idea.
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Working our just fine so far down 10% today
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No telling how low this name can go - do your own DD and please read above if considering this trade.