Attn:FGC – Here’s Your Opportunity
Fully, Remember your post about two weeks back about not having a margin account and wanting to short MRNA? I commented at the time to give it about two weeks to reach the 50 day mvg. near 150 and buy long term puts. Here is your opportunity exactly as outlined. You can buy 3 month puts as an initial position, give it a chance to start down and add future 3 or 6 month puts each time it has a rally. This dog is done and just as there was a lot of money made on the upside, there is a lot to be made on the way down as well. Good luck.
Would like to see this thing decline or better yet crash. Imagine using the symbol MRNA. But I would be careful. Weekly stochastic are turning up.
https://stockcharts.com/h-sc/ui?s=MRNA&id=p09061825205&listNum=43
This is the INITIAL put buy. Many more to come. It is completing a H&S top by tomorrow.
Thanks CM
You go first
🙂
MRNA has been in an extended consolidation and if it breaks up through the 50 day it may move up sharply. Be careful there.