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CryptoParadyme

Monster puts on MNST energy

Short
Monster Beverage Corporation (NASDAQ:MNST)  
CryptoParadyme Updated   
NASDAQ:MNST   Monster Beverage Corporation
Support and Resistance
2
3
supportandresistance
Noticed some large puts being bought for $50 and that is a long term support. Price looks over extended and earnings if they are bad could drop this down hard.
Comment:
Filled at 1.05 for $50 strike.
Comment:
Puts already in profit
Comment:
snapshot

Puts bled a bit, but now back in profit.

HTF divergence playing out as SPY craps the bed.
Comment:
Trade complete. MNST dumped. Wish I had bought ITM puts instead looking back. Cleared a little over 40%.
Comment:
OI on the puts I bought dried up fast from 40k to 2k so I made the right call getting out.
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