I do not recommend attempting to pick bottoms and tops. It can be a dangerous game.
Yes, when you occasionally get one right you can make a killing. But we also put ourselves at risk at getting killed. Especially fading short squeezes, and double especially if you're doing it via getting short common stock.
Smart options traders, however, have an advantage here. We can define our risks precisely. We're going to take advantage of this feature with today's trade, a bet on the unexpected.
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