buying puts on FSLR?

[john7722]

I am thinking about buying some puts on FSLR . It went up way too much in a very short time. I don't know why are people so crazy about fslr. I 've been following them for a while but I never took a long or short position yet. What do you think about shorting it?

 

[ZBZB]

Watch teslA investor day

 

[deaddog]

I am thinking about buying some puts on FSLR . It went up way too much in a very short time. I don't know why are people so crazy about fslr. I 've been following them for a while but I never took a long or short position yet. What do you think about shorting it?

If you've been following it for some time what has kept you from taking a position?
Why short a stock that's in an uptrend.
I've been long FSLR for some time.

 

[TrailerParkTed]

If you've been following it for some time what has kept you from taking a position?
Why short a stock that's in an uptrend.
I've been long FSLR for some time.

I’ve lost more trading friends to shorting power stocks and longing 52 week lows. What’s the attraction they offer, being more right than the Street?

 

[deaddog]

I’ve lost more trading friends to shorting power stocks and longing 52 week lows. What’s the attraction they offer, being more right than the Street?

I got burned shorting a stock years ago. Perfect set-up, stock made a double top and traded below the last swing low so I went short with a stop above the swing high. It dropped for a day and got bought out at an unbelievable premium and I took a huge loss. End of my shorting career.
I can understand buying new lows because every body loves to buy stuff on sale. Not something I do but I can understand the rationalization.

 

[GotherL]

ES/NQ down more than 1% and it hardly budged.

It will def go down at some point and it won't be pretty but I don't like the idea of guessing tops & bottoms.