nbev shorts being squeezed

what is your position in nbev

  • 1. long stock

    Votes: 2 50.0%
  • 2. short stock

    Votes: 1 25.0%
  • long call

    Votes: 0 0.0%
  • long put

    Votes: 1 25.0%
  • short call

    Votes: 0 0.0%
  • short put

    Votes: 0 0.0%
  • synthetic short

    Votes: 0 0.0%

  • Total voters
    4
I'm long shares and short puts as of today (maybe change to a multiple answer poll?). I took some profit off after hours today and will be looking for an entry tomorrow (Assuming I don't get filled in the next 3 mins at my--very far from trading activity---price).
 
This is my favorite pattern. Very straight forward trading such stocks.

yesterday price went up to 7.85 with even greater volume indicating momentum still very very strong.

I would probably monitor very closely especially towards end of day.

If I see price continue to go up or struggle to go up with reduced volume, I would probably reduce my position (perhaps by half) before end of day.
 
I bailed shortly after the volatility halt on the shares....still holding the short puts (might delta them on the shares if HTB comes down)
 
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