Trade Ideas
UOA PRO Update SBET 7-23
8,264 28August 6 calls bought for 0.71 to 0.79 above open interest of 48 contracts; 8,264 31July 5.50 calls sold for 0.81 to 0.73 below open interest of 10,694 contracts. Stock 6.13.
Status Update
Ticker: SBET
Stock: 6.13
Expiration Date: 18SEP
New UOA: 8,264 28August 6 calls bought for 0.71 to 0.79 above open interest of 48 contracts; 8,264 31July 5.50 calls sold for 0.81 to 0.73 below open interest of 10,694 contracts. Stock 6.13.
UOA PRO New Trade Idea SBET 6-25
Ticker: SBET
Type: Bearish Put Buying
Stock: 4.60
New Trade Idea
Ticker: SBET
Stock: 4.60
Trigger: 4.50
Targets/Resistance: 3.93, 3.39, 2.38
Expiration Date: 18SEP
UOA: 16,600 15January 2 puts bought in one print for 0.12 above open interest of 604 contracts. Stock 4.66.
SBET $4.58 Last.
Large Jan. set OTM put buy on a stock that’s been rocked from over $120 last March to under $5 today. Is this circling the drain on way to pennystockdom? Charts are horrible.
Trigger: $4.50.
Strategy 1: Consider the SBET 18Sept. 6.00 puts for $1.80 projected at trigger level today.
Targets: 3.93, 3.39, 2.38