Naked short LULU call, premarket price decline of ~20% to new lows triggered stoplosses to market participants' long positions. Delulu bulls are out of the market, therefore the only natural price direction is decline.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 0.61 1Lot(s) | +54.10% Holding |
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- blinky·09-05TOPThat logic chain is incomplete. Short covering and gamma squeeze can still spark a nasty bounce before any real trend lower.1Report