Synaptic724

ACB Short Opportunity

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Synaptic724 已更新   
TSX:ACB   AURORA CANNABIS INC
ACB is starting to waiver as it approaches support and it's next test will be the final one for the trend. If it breaks here we're moving into a bearish move. However it could also hold and move higher the market does seem to be fading. The odds of a bearish move are picking up. I'm going to engage in a PUT position against ACB.

Buying 4x PUT EXP May 17 Strike 11 Cost is 0.85 per contract.

Target is going to be at $9.5 - $9
手動結束交易:
This trade went bad due to Merill Lynch catalyst
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