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cloudseatplanes
Dec 30, 2020 7:36 PM

chewy correction complete? Short

Chewy, Inc.NYSE

Description

im just doing this to justify my current red position.
Comments
randykaustin
My wife uses CHEWY every week for our dog's supplies. Just my opinion... I believe CHEWY will be the end of Pet Smart, Pet Supplies Plus, etc. The World has changed its axis and now no one is going to want to go out to get dog food.

The only question that remains is WHO will dominate this market. CHEWY has a great start.

I see them being eaten up by a bigger player at some point.

I am long.
randykaustin
@randykaustin, But I think the chart is speculative.
jlayton4
lol im red as well. I like your chart. *thumbs up*
cloudseatplanes
@jlayton4, 95Call /exp JAN15 starting to look better today. I actually bought another contract in order to average down my cost
jlayton4
@cloudseatplanes, im not into options yet. still learning the market and strategies. Good luck to you. I hope to see you in the clouds.
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