HOFFSUEMMER_CAPITAL

SSI SHORT (will be below $3 before April 2020)

Short
NYSE:SSI   None
SSI is up 915% since JAN 2019. Time to ride it down. Bitcoin and tulip mania for discount retail? Next bubble...

Initiated small options trade SSI APR 2020 $5 PUT. Ten contracts at 1.30. Break-even = $3.70. I'm betting this stock trades below $3 before April.
Comment:
Added to options trade. APR $5 puts. $SSI risk profile changes substantially after December. twitter.com/hoffsuem.../1203170649461678080
Comment:
$SSI $7.5 PUT JAN 20 @ $1.35
twitter.com/hoffsuem.../1204456777913454594
Comment:
This aged well. Closed down about 57% today and had session low of $2.87.

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