Moderately shorted and increasing short float over last weeks.
Lower market cap for an optionable asset.
Before May 20th, we could see an increase of at least 100% (ATM option price) as some shorts cover.
Using options so time is the only SL.
Target will be determined by price action.
Lower market cap for an optionable asset.
Before May 20th, we could see an increase of at least 100% (ATM option price) as some shorts cover.
Using options so time is the only SL.
Target will be determined by price action.
Comment:
Position has been increased
Trade closed manually:
Due to macro outlook, position has been closed manually
Comment:
(for slight loss)