Short CVNA Updated View

    Posted by steve on 30th of Oct 2020 at 11:13 am

    CVNA - Chart Link - despite great numbers - the stock has been faded.  The early bounce was a gift as it fell $30 from the earlier morning highs.  Note the 20 day MA slope and open gap below on further weakness.  Trim and trail after huge reversal 

      tks Steve for great

    Posted by imelhoe on 30th of Oct 2020 at 11:28 am

      tks Steve for great short ideas, made 300 profit on itm cvna puts! all out ; also on XM but exited way too early and had debit put spread and its hard to exit those as bid ask spreads are so wide.  Made up for my loss in AMZN  call debit spread so am happy

    ZM , not XM .

    Posted by imelhoe on 30th of Oct 2020 at 11:29 am

    ZM , not XM .  also made nice coin on PTON puts!!  keep those ideas long and short rolling!  Mucho gracias!

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