TradingView
Synaptic724
Jun 24, 2019 3:10 PM

CVNA Short Credit Spread Short

Carvana Co.NYSE

Description

Putting on a Bear Call Spread.

$1.44 Profit/ Loss $3.66

Max loss is $144. Profit target is $72

It looks like a false breakout and moving sideways.

Market is going to get interesting as G20 meeting next week.

I'm betting it'll be a letdown.
More