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$CCIV Way Oversold - Buy Calls

By maatspencer
Uppdaterad
Since the news of the Lucid Merger the stock fell nearly 60% in just a few days. With the mass sell-offs this week this created a panic and the stock seems to be extremely oversold.
Handel aktiv
Bought CCCIV $28 Calls
3/19 Exp
Trade stängt: målet nått
Closed Calls at $31.50 2/26 right at market open
Quick turn 58% profit
Handel aktiv
Re-entered at 10:23 am
Bought $31.50 Calls Exp 3/19 $440 per contract
Chart PatternsoptionsTrend Analysis
maatspencer

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