KR SHORT IDEA

2022年9月11日

KR

KR made a big move this week after the Q2 earnings call. I believe that it is now overextended.

On the 15-minute chart, the big price action is seen. However, the RSI indicator shows a flat relative

strength suggestive of bearish divergence. The Mass Index peaked out over 27.5 and is now dropped

below is the suggested trigger for a reversal of 26.5 Trading volume is about 250% of the average

on Friday overall while concentrated on the early morning rapid trend reversal and late afternoon

profit taking. I will look to capitalize on a quick downtrend correction with a put option with

5DTE below the current market price for maximal return albeit with the added risk of time decay.

2022年9月15日

交易开始

Partial Profit taken with over 40% return on call option as price dropped over 5%
augmented by the general market pullback. Will close the trade Friday mid morning.