FiboTrader1

Bearish on MTCH

Short
NASDAQ:MTCH   Match Group, Inc
I'm moderately convinced that you could short most anything in the market which has a high P/E and you won't lose money and MTCH is no exception. With a P/E of 43 and Fibs showing us that MTCH could drop to $89 in the coming weeks, PUTs and call selling should pay out nicely for those holding positions. I don't normally play earnings reports, but I threw in some $ for PUTS with mid February exp .

Not Financial Advice
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