SMP up 16% on barely beating estimates

26 thg 10, 2018

Up a ridiculous amount barely beating estimates. With the lack of liquidity in the market, this should head right back down to low $40's by next earnings.

There is a chance it can reach ATH before tanking though I doubt it.

29 thg 10, 2018

Ghi chú

Huge jump to all time high on no volume, loading up here on puts.

29 thg 10, 2018

Ghi chú

They pumped it back up over $54, lol. No bids on Level 2, less than 1,000 shares between $54 and $51. One big sell order takes this straight back to $47.

13 thg 11, 2018

Ghi chú

Finally broke below $54, targeting $50.5. If it goes back up, I'm adding puts at $56, it might be range bound for a while.

20 thg 11, 2018

Giao dịch được đóng thủ công

Decided to close most of my put positions since I expect the market to bounce here. Took a loss on this one, but LB more than made up for it.