SFIX puts ended up doing really well. Especially the 4.5’s
Took 2 SFIX 4.5c as a lotto play for a total price of $4. Hopefully it comes up a little tomorrow. Thinking it came down quite a bit today.
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COST was largely positive only thing I can see that could have caused reaction was the uptick in inventory. However headed into holiday season this isn’t necessarily bad. They had big time estimate and beat it. Posting their highest EPS in the last year. When most are declining.
Premarket it’s recovering even against the rest of market. I’m going to play it to recover if it continues moving up premarket.
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It was pushing up when SPY was going down. Maybe safest play is calls on it if it bounces off 470 or 472 but not sure it will drop that far again. price targets coming in all morning are mixed. Some around 510 or 525 and some lower.
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