VROCKSTAR

5/15/24 - $shls - beginning to enter but w/ selling some 1mo C's

Long
BATS:SHLS   Shoals Technologies Group, Inc.
5/15/24 - vrockstar - SHLS - well... here we go 6's. can enter now below the $6.5 level by selling 6/21 7.5C's for 30c if you desire. we start to hit below 30c lower from this entry... and i will begin buying size without selling C's. slippery one but 1) not the first bid in this tape b/c 2) trough EPS this yr w/o look thru 3) some silly lawsuits that are at least hitting the newswire. bogus - but the lawyers gotta manipulate stocks as they always do - ironic. 4) and not obvious where is the bottom of this knife here. again per previous comment/ i believe this is probably closer to $6. but value here if you can use options like selling those 1-mo out for 30c can get you a lower basis.
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.