Trade Alert: Short Squeeze

Another bullish bet on a potential short squeeze candidate, plus two other trades.

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Another Short Squeeze Candidate

Today we’re trying another trade on a short squeeze candidate from Squeeze Finder. We’re targeting their top name from Thursday’s close that had options traded on it. The estimate this one has an 82.8% chance of resulting in a short squeeze, with an upside target of $12.90 per share (the stock closed at $3.36 yesterday).

Were using options here, so our potential upside if it hits that target before expiration could be 10x or more. Our maximum downside here is a loss of 100%.

Details below, along with two bonus trades, one on our #1 name from last night, and also a contrarian trade on a stock targeted by short sellers this week.

Today’s Short Squeeze Trade