CryptoParadyme

Monster puts on MNST energy

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CryptoParadyme 已更新   
NASDAQ:MNST   Monster Beverage Corporation
Noticed some large puts being bought for $50 and that is a long term support. Price looks over extended and earnings if they are bad could drop this down hard.
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Filled at 1.05 for $50 strike.
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Puts already in profit
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Puts bled a bit, but now back in profit.

HTF divergence playing out as SPY craps the bed.
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Trade complete. MNST dumped. Wish I had bought ITM puts instead looking back. Cleared a little over 40%.
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OI on the puts I bought dried up fast from 40k to 2k so I made the right call getting out.

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