Quote:
Originally Posted by ASAP17
HIBB/Hibbett Sports this morning with horrific numbers and guidance yet some analysts think this may provide a boost to DKS given their comps recently have been more favorable. Bet the under, I get that bulls keep trying to save this here in the $51s but the trends continue to skew negative with the rest of the market going higher. All the March puts/bearish risk reversals remain in OI although there was a buyer of 5k March 55 calls last week (which are already down a decent amount since they were bought). The difference in opinion could provide even more juice to the downside when they report at the beginning of next month.
I like this idea.
Gonna do sportsbetting style donk put plays.
DKS, NKE, WMT, TRIP, 1.5u each.
Degen it up.