so ON is without a doubt an amazing company so I'm not betting on it to die just mean reversion I have a 12/17 put because just look at it. overbought, big gap, little support, crazy run, QQQ at the top of it's channel everyone thinks semi's can't fall with NVDA and QCOM and AMD but just mean reversion is needed with such fast moves I may buy when it hits $50 (which is my target) because it's great just a chill trade
It´s unvelievable how many of this comments are in this platform. Wich turned in the opposite direction
Turbo-Arbitrageur
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Seriously... NEVER fade some that is clearly exploding just because you think it needs to revert to mean. Your mean is manifesting up anyways. How is your trade working?