Short MAXR
Updated
For all the reasons. Honestly this trade is probably done. But that's ok.
Comment
This was a test post. Please see my full analysis of this trade on my next post. The position was indeed closed today 6/7 as MAXR began to gain. Hit my 5% trailing stop loss (albeit a mental one) and so secured my profits, ~80% return on my investment. I maintain a position in $5 MAXR December puts.Disclaimer
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