Unraveller

SFIX short trade idea

Short
NASDAQ:SFIX   Stitch Fix, Inc.
Took a start position in $90 puts last Friday at the 1.61 extension level after the stock doubling in the last two weeks. Expecting a sharp correction on all these hype stock soon as the hype dies down but at the very least looking for a retracement to 85-90 next week on SFIX.

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