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ShortSeller76
Jul 14, 2022 5:43 PM

SHAK SELL Short

Shake Shack, Inc.NYSE

Description

I've shorted this stock several times much higher. Currently it's overbought on several time frame charts on multiple technical indicators. I don't care an insider bought shares, how'd that work out for Reed Hastings NFLX at $351 and dozens of other insiders, means nothing especially with no PE money losing companies. Purchased 35 August 19th $45 puts.

Comment

Added puts when stock was close to $47 will add again at $48 if seen

Comment

This has been a frustrating week. Added puts several days this week for a max position. Bear market rallies do this...!
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