I've had Taser on my watchlist for a few months now, it's been in a slow death spiral since mid-May. This puppy is probably dead money until some good fundamental news comes out.
Thing is though, is it really a practical stock to trade right now? The problem I see with shorting it is that it can be quite volatile when good news does come along, so shorting the underlying directly would be fairly high risk.
Maybe best to play this one with long-term options? Short-term straddle with $7.50 puts/calls?
Thing is though, is it really a practical stock to trade right now? The problem I see with shorting it is that it can be quite volatile when good news does come along, so shorting the underlying directly would be fairly high risk.
Maybe best to play this one with long-term options? Short-term straddle with $7.50 puts/calls?



