I daytrade UAA options all the time, decided to keep it open today. I think it gets one final drop on Monday to fill that gap at $18.90 before getting a bounce.
Market looks like it wants to gap down Monday anyways. Eventually this crap is headed down to single digits, but it's gonna throw a bunch of retraces and bear flags along the way.
Market looks like it wants to gap down Monday anyways. Eventually this crap is headed down to single digits, but it's gonna throw a bunch of retraces and bear flags along the way.
Comment:
Watch NKE earnings after hours today. If NKE misses, this is dropping a buck tomorrow. If NKE beats, probably up a buck then tank again.
Trade closed manually:
Broke even... had to flip the weeklys at the end of the day