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Triple_Barrel_Capital

$EL Estee Lauder Over-extended

Short
Estee Lauder Companies, Inc. (The) (NYSE:EL)  
Triple_Barrel_Capital  
NYSE:EL   Estee Lauder Companies, Inc. (The)
Trend Analysis Chart Patterns Technical Indicators EL esteelauder Bearish Patterns
2
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trendanalysis chartpattern indicator el esteelauder bearish
$EL Estee Lauder looking over-extended recently. Expecting to see some mean reversion in the near term.

Bearish Options Activity Today:
Short Call Sale of $250/$270 strike January calls for $3.4M


Near term target: $240 ($220 possible by Feb)




Note: This is NOT investment advice.
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