COUP is now down to preCOVID levels, much like DOCU, another sign that the COVID bubble is collapsing.
Oversold on the daily, we'll see what happens with earnings Monday.
No position.
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$160 AH on earnings, quite frankly the options premiums were too high to make any money off puts. Kinda figured since it's already oversold
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$153 now, I guess there was some room to make money, lol. Not a big return though unless it continues the tank when the market opens.
In any case, the bubble is collapsing for sure
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Well, earnings whipsaw, lol. Long term this stock is worth $20 unless it resumes growth. COUP is the new SFIX, oversold doesn't mean crap. Short any time it goes green.
Remember what I always say, when in doubt, short garbage. This is on the list until at least $100 if not lower. Like I said, $20 long term target, just like SFIX
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Generally speaking, crap stocks are weak on Fridays when fund managers rebalance their portfolios. Keep an eye on this crap if it goes green tomorrow afternoon.
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LOL, should've bought puts this morning. Oh well.
Like I said, short any pops, not chasing this drop.
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I was thinking $180 before buying puts, I guess I should've pulled the trigger this morning considering it was green while the market was dropping.
Oh well, it's not like I lost money
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Crap is still melting down, should've bought puts again this morning, lol