LCID double top

double top around the 57 zone. uptrend penetrated once. looking for ~~ 40 in coming week or two.

positions: 11/26 48 put, 12/03 45 put, 12/03 55 put

Comment:

increased above positions, added 12/26 52 puts.

Comment:

closed 11/26 52 puts

Trade closed manually:

dont like this move today. could see this back to 57+. closing

Trade active:

this is breaking again with todays move. I got a tiny position of 48 and 55 puts; may increase tomorrow if we see follow through on this name in particular.

Comment:

(12/3 55 puts, 12/17 48 puts)

Comment:

increased size and legged into spread. position, while messy is now:
-210x LCID 43 put 12/3
50x LCID 45 put 12/3
50x LCID 47 put 12/3
25x LCID 48 put 12/17
50x LCID 52 put 12/3
35x LCID 55 put 12/17

Comment:

Mostly closed this out. still holding (till end of dayy) the 45 12/3 and 48 12/17's big hit!

Trade closed manually