Another Bite At The Apple
A second chance to bet against the stock that rallied 50% on a TikTok video.
Update on a Bearish Bet
In a trade alert a couple of weeks ago, I mentioned entering another bearish bet:
Entering A New Bearish Bet
This stock is up more than 80% year-to-date, as part of the recent rally in low quality names.
Its Altman Z-Score is negative (scores below 1.8 indicate a risk of bankruptcy). That’s today’s new bearish bet. Details below.
That stock is up 11% today as I type this. I am not buying more puts on it now, but if I didn’t already have puts on it, I would be. Details from the original post below.
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