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UnknownUnicorn1020621
May 29, 2019 1:53 AM

SHOP: Its becoming a nightmare. Short

NYSE:SHOP240
Shopify Inc.NYSE

Description

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Technicals all says sell but this overbloated piggy doesn't want to go down.

Shorting Shares
Worte Calls
Bought Puts
Waiting for the confirmation, then I will buy more puts.
Trend AnalysisWave Analysis
Comments
domd10
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Falling on May 31st until ~June 19th
UnknownUnicorn1020621
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@domd10, Thank you :}
SubGenius
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lol, you crack me up.
UnknownUnicorn1020621
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@SubGenius, XD miss you still.
SubGenius
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@WaveAzzReaderz, needed a break while I went on vacation to regroup and get my focus back :)
SubGenius
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@WaveAzzReaderz, Oh, I am still short on Shop. I unraveled a spread and made money with it going up on the naked puts. Still holding June 21 255 puts to see if this thing will crack. I am even right now. Will have to sell if it legs up since losing on time decay.
UnknownUnicorn1020621
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@SubGenius, Yes that puts should be in the money according to my calculations. We might even see a gap down and -10% move any day now.
Kehrmaschine
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haha same page here. I am trying to short AMD down since last month, but this boy simply doesnt wanna really go down as the general market does.. probably both laggerds.
UnknownUnicorn1020621
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@Kelinho, Why amd lol.
Kehrmaschine
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@WaveAzzReaderz, why not? have been shorting it down since october.. but currently strange things going on :>
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