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rmchuh
Nov 10, 2021 2:04 PM

SNDL Straddle Long

SNDL Inc.NASDAQ

Description

Honestly, I’ve been accumulating for a bit. We can see that it’s been in an incredibly tight accumulative squeeze with a decent short interest against it. I’ve loaded some $7 2023s, as well as some $1 2023 puts. it’ll be interesting to see what kind of price movement will be, there could be a shakeout of SLs and then a move upwards. It has now had a strong, high volume close above the AVSL. Only time will tell but boy is this gunna be fun
Comments
Eternal_Salsa
i would personally wait for the puts to get cheaper as we near higher price zones.
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