LogFAQs > #959684002

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TopicStock Topic 34
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11/04/21 10:29:47 AM
#89:


Playing BBBY

Announced partnership with Kroger
Announced 400m of share buybacks to take place in 2022
Squeezes with GME/AMC, short is around 25-30% of the float
Flew from $15 to $29 a couple of days ago and has pulled back to $20

The 2023 calls seem like free money at this point. Me I'm playing a bit risky and going with the Dec 03 calls and the May 2022 calls. May grab a stack of next week calls too depending on price action today. Looks like MM are trying to pin it below $20 this week so if it barcodes below $20 the price might go down enough that the next week stuff is worth a shot

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