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Thecontrariandaily
Mar 6, 2022 5:46 PM

UPST - Day Trade Opportunity to go SHORT Short

Upstart Holdings, Inc.NASDAQ

Description

I am really liking a Day Trade Opportunity on UpStart

Looking at purchasing PUT OPTIONS on this one.

Ideal set up is for us to get a little buying activity to retrace back to structure in the 137-140

Target is 105. Looking at a 2-3 Week Contract for this move, however expecting the full move to happen in 6-8 days.

Trade closed: target reached

Target has been reached. Although we didnt take this trade as we were looking for a slightly stronger pull back the overall move did occur. Looking for new trade opportunities.
Comments
irvindrodriguez
I have to agree on this one.
Thecontrariandaily
@irvindrodriguez, Thank you! Played out really well
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