BUY 1 STAR OF SHOP 6/14/24 63 PUTS FROM 3:00-4:00 (HOLD yesterdays SHOP position)
***** (CPI HEDGE TRRADE )BUY 1 STAR GOLD / GOLD 6/14/23 16 CALLS 3:30-4:00
SHOP is getting exhausted up for the 11th day in a row and this morning’s analyst upgrade gives one last push and panic to own that we can fade.
GOLD is back down to the 16 level from where its bounced numerous times since April, we need a long hedge into CPI that should bounce on inflation.
