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asenski
Nov 30, 2020 6:36 PM

CNC LONG R:R = 3.65! Long

Centene CorporationNYSE

Description

Taking a stab here with CNC...
Comments
ShadyWillow
Think this is a nice long. Think a sweet spot range for reasonable gains here is ~6 months.
asenski
@ShadyWillow, broad market has been ranging and dropping a bit, that's why I also take a stab at some shorts as well, in case we get a sell off, there are still some winners.
Most of the time shorts get killed, but good to have a few just in case.
ShadyWillow
@asenski, I sold a March $60 put here the other day on the drop.
asenski
@ShadyWillow, Nice! Collecting premium is the way to go! You win even if it stays sideways.
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