Chewy about to explode (6,000x RETURN options idea inside)
Already broke out and retested. Now it's ready to blast-off. Funny thing is, 
CHWY correlates with silver at almost 80% correlation! Unfortunately, CHWY hasn't blasted off like silver and the correlation got cut in half (link to charts in comments).
MACD is signaling a blast-off also...
August calls are going for $20 for $55 strike price, price could go up to $100 if it correlated again with silver. This play could 10x and go up to 60x return!!!
CHWY correlates with silver at almost 80% correlation! Unfortunately, CHWY hasn't blasted off like silver and the correlation got cut in half (link to charts in comments).MACD is signaling a blast-off also...
August calls are going for $20 for $55 strike price, price could go up to $100 if it correlated again with silver. This play could 10x and go up to 60x return!!!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.