While the rest of the market was getting pounded, NBEV is bucking the trend. There must be demand for this stock as they introduced weekly option dates which makes it a much better options trading vehicle. Initial target of 7.50 would be an area to look to sell covered calls or fade into strength or a pullback towards 6.0 looking to sell puts. Final target 9.0.
Current position Long NBEV stock, have open orders for PUTS
Current position Long NBEV stock, have open orders for PUTS