Roaring Kitty files a SEC 13G for CHWY: Sell Call or Put on High IV?

TechnicalHunter
07-01

BREAKING: Keith Gill aka Roaring Kitty aka DeepFuckingValue of $GameStop(GME)$ GameStop fame files a SEC 13G for $Chewy, Inc.(CHWY)$ , Chewy for 9,001,000 shares, or 6.6% of the company. He identifies in the SEC filing as “not a cat”.

From the options chain, we can the Implied volatility is over 100%, seems high for both side.

A good time to Sell call or Sell put to earn premiums?

💰 Stocks to watch today?(21 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • MoiraHorace
    07-01
    MoiraHorace
    Sell Put [Smart] [Observation]
  • GoldenEye282
    07-02
    GoldenEye282

    Great article, would you like to share it?

  • Celia24
    07-02
    Celia24

    Great article, would you like to share it?

Leave a comment
3
247