CP: Does the MGM short have long to run? I note:52-Wk Range5.34 - 16.66
Yes and no.The stock is a zero but the market could bounce.I had already covered the short and today I was selling the deep ITM puts. Still keeping the OTM puts.
do you think similarly on WGO? Thank you for your comments Colin.I know this is not a specific advice forum so please feel free to answer me at garybelford@comcast.net or edit this posting as you see fit.Gary
Similar thoughts about WGO, although it's not levered like MGM so it may not go to $0.00.I'm super bearish on them but I'm also taking profits now.
CP: Does the MGM short have long to run? I note:
ReplyDelete52-Wk Range
5.34 - 16.66
Yes and no.
ReplyDeleteThe stock is a zero but the market could bounce.
I had already covered the short and today I was selling the deep ITM puts. Still keeping the OTM puts.
do you think similarly on WGO? Thank you for your comments Colin.
ReplyDeleteI know this is not a specific advice forum so please feel free to answer me at garybelford@comcast.net or edit this posting as you see fit.
Gary
Similar thoughts about WGO, although it's not levered like MGM so it may not go to $0.00.
ReplyDeleteI'm super bearish on them but I'm also taking profits now.