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QUANDRANTS
Apr 8, 2021 4:36 PM

temple of swol 

Planet Fitness, Inc.NYSE

Description

I rolled into a couple dumb May 21st 92.5 calls a couple weeks back and overpaid when the underlying was rallying. Showing some promise now, although I'm tempted to close this trade and take a loss when it straddles it's par fib trend level 1.0 @ $86.50.

My thinking was half the cohort that travel want to get back in shape before traveling again; this group wasn't buying pelatons, they were doing cheap outdoor activities, eating garbage throughout the winter. Need to look good BEFORE you board that flight to Cancun. But I saw pics of the average person partying on a cruise ship: you either take care of yourself or it's n f's given. Still, the gym really helps get that fitness discipline back, especially for the meat heads and cramped condo dwellers. We'll see. 4%+ in a day I'm skeptical. Market is chasing.
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