HadiDoesTrades

PTON Buying Weakness Continues

Short
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NASDAQ:PTON   Peloton Interactive, Inc.
After breaking out of that epic run and a period of consolidation, next targets under this support at 119.04 are 113.99 and 105.14. The bounce at 119.04 was lackluster so added OTM puts for next week here.
Commentaire:
This stock spikes bigly in the AM and completely trolls everyone into thinking it's finally bouncing back. quite scary. It's spiking up to that purple trendline, though, so I'm going to load up on puts during that AM spike and ride it back down.

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