NYSE:UA   UNDER ARMOUR INC
266 5 10
I am Short UA             and I am targeting $68 as my first price target and $50 as my second price target.

Ryan
I am playing this through the April 15 77.50 strike put. I will most likely take profit if I hit my first target.
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I closed my April 15 77.50 strike put for a 8.50 credit. I bought it for an initial 3.30 debit. $520 profit. Looking for a re-entry on a pullback.
+1 Reply
I have gotten back into Shorting UA. I bought a 77.50 strike put expiring in April again for a 3.50 debit. I'll keep you updated
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I didn't like the action on this one and I'm getting ready to put out of the 77.50 strike put I bought if the market decides to rally more tomorrow.
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I stayed in this setup because it is so far out. I'm willing to take the pain to potentially get back to the 77.50 strike target.
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