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Triple_Barrel_Capital

$YETI Overbought - Bearish Options Activity

Short
YETI Holdings, Inc. (NYSE:YETI)  
Triple_Barrel_Capital  
NYSE:YETI   YETI Holdings, Inc.
Trend Analysis Chart Patterns YETI Bearish Patterns shortterm
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trendanalysis chartpattern yeti bearish shortterm
$YETI Deep into overbought territory now on the daily chart. Expecting some retracement in the very near term.

Bearish options activity today with 3k $25.00 strike May put options traded vs OI of about 300 for total premium of $1M.

Near term price target - $21.50 by March (~10% downside from today's close)




Note: informational analysis, not investment advice.
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