rubinspe87

PINS Short 3.10 to 4/14 following Fri 3.10 Opening

Short
NYSE:PINS   Pinterest, Inc.
PINS continuing its descending micro-pattern following Earnings (see PEAD Project) towards a low range of 22.87-23.86 prior to its next Earnings period.

Selling Call Credit Spreads following the brief push-up pre-market on 3/10/23 at 24.5/26 (deltas == -0.57 / 0.42).

Consider closing or rolling up/out if loss == 25% OR price exceeds 26

Take profit at 55-65%.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.