UnknownUnicorn1043646

Stocks - MRNA Short (S3) Aug 13 Target

Short
NASDAQ:MRNA   Moderna, Inc.
Idea for MRNA:
- Good level for reversal. Aug 13 is the capitulation date.
- Stop is at 41 degrees.
- Gamma squeeze bubble ends with big deflation.

TP1: Gap fill 260~
PT 0.5 retrace of move:

GLHF
- DPT
Trade active:
This is one of the biggest bubbles in the S&P right now, watch it drag the index down
Trade active:
Lol... Lumber and MRNA 1 to 1 analog:

I recall similar sentiments back then too which turned out to be purely speculation.

Hyperinflation! Supply chains, etc.

Now it's COVID is bullish! Everyone on planet will be vaccinated!
Trade active:
Added MRNA 370P Oct 15 for 44.50 debit
Trade closed: stop reached:
Close position at SL:
Shares (+15% gain)
long puts 41 SL at 20.00 debit (-55% loss)
Comment:
It seems I should have kept a closer watch on this, as I was eventually proven right but my position management was poor:
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