I think RGR drops here after dividends (yesterday) and Biden getting elected.
Everyone's pre-buying now, doubt they do well next year, regardless of any regulations. Got into some pts this morning, I think there's still room to make money on this. Note 2 hr chart also shows MFI declining.
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Appears algos are still trading RGR, it's part of small cap indices. Added on the spike up.
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Algos pumping small caps, no more add until Tuesday afternoon.
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Flipped the puts this morning, if you think it's going to break support, I recommend switching to Dec puts. I had Nov puts, wise move here is to take the easy money with 4 days left.
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I think I'm gonna look at this one again Wed. Staying out for now.
@wayum999, thanks, wasn;t sure if we'd get a vaccine pump or COVID numbers tank today, so I went the the sure thing.... gun manufacture drop on Biden election