Dave Floyd of Aspen Trading Group sees $BBBY's recent price spike as a great opportunity to get short.
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Featuring Dave Floyd
Oct 24, 2019 • 7 minutes
Dave Floyd of Aspen Trading Group sees $BBBY's recent price spike as a great opportunity to get short. Since Mark Tritton’s appointment as CEO was announced on October 9th, the stock is up over 40%, and Floyd sees this as too much too fast for the relatively untested executive. With over 60% of the float currently shorted, Floyd lays out an alternative method of playing the setup using call spreads. Filmed on October 23, 2019 in Bend, Oregon.
Show MoreHow do traders develop their ideas and make their money? In each ten-minute episode, an experienced chart-driven trader walks through their methodology and presents a specific investment thesis. From novices wanting to learn the ropes of technical analysis to more experienced traders wanting to refine their own skills by learning from some of the best chartists out there, this series provides the practical tools for the viewer to elevate their own chart-reading skills.
More EpisodesHow do traders develop their ideas and make their money? In each ten-minute episode, an experienced chart-driven trader walks through their methodology and presents a specific investment thesis. From novices wanting to learn the ropes of technical analysis to more experienced traders wanting to refine their own skills by learning from some of the best chartists out there, this series provides the practical tools for the viewer to elevate their own chart-reading skills.
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