MRNA. surely its a good RR short into earnings (with puts)
MRNA is in absolute beast mode.
I dont understand it.
I know its market cap and i know its revenue and i know its one product.
I understand anything can happen, even if its 2x overvalued it can still go up 2x more but i think its a good RR short into earnings tomorrow
Will use 370 puts at current price of $2.80 at 3pm
I think they are cheap given the potential
Even if they beat earnings etc it could still go down due to the parabolic nature.of the pump
.
I dont understand it.
I know its market cap and i know its revenue and i know its one product.
I understand anything can happen, even if its 2x overvalued it can still go up 2x more but i think its a good RR short into earnings tomorrow
Will use 370 puts at current price of $2.80 at 3pm
I think they are cheap given the potential
Even if they beat earnings etc it could still go down due to the parabolic nature.of the pump
.
Comment:
lol. i underestimated how much they could pump it before the inevitable dump. that why you buy puts instead of shorting it.!!