Thursday, April 27, 2017

Mic dropped

As discussed, UA tagged the $22 mark early this morning as the people who bet short against it were squeezed. Remember those people stuck in it from $22 ? They finally got back to break even and then got rid of it as soon as they could (foolish!).  My feelings are that it will drift lower throughout the day near the $21 mark and eventually lift off in the late afternoon to come up somewhere back near that $22 mark.  If not today, then over the next few weeks.
Had you purchased options in advance of this momentous occasion then oh, think of the things that you can think.

No comments:

Post a Comment

Week 9 Themes

Well folks - we are in the final stretch. You can use this week to reflect on broader learnings we have gained throughout the course or fo...