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QUANDRANTS
May 10, 2021 10:36 PM

not best of breed Short

United States Steel CorporationNYSE

Description

sucker is overbought, ready to fall, let's be honest nobody wants to be in this name forever, conviction is weak, not even the largest producer in the U.S., this thing is just a trade ...and that trade is about to unwind for this time wave...

no position yet, rolling into a 126 May 28 PUT if it catches a bid tomorrow

Comment


wants to test $29.70, I'm all for it let it goose my IWM call spread then I'll roll up some puts in X when this thing goes parabolic and sheds it's latest pump & dump herd
Comments
ccb161
this is not going to age good
pforray78
@ccb161,If you don't mind me asking..Why?
tacosaucewalkin
@ccb161, this trade aged like fine wine, my guy.
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