$EL Estee Lauder Over-extended

17 พ.ย. 2020

EL Estee Lauder looking over-extended recently. Expecting to see some mean reversion in the near term.

Bearish Options Activity Today:
Short Call Sale of $250/$270 strike January calls for 3.4M


Near term target: $240 ($220 possible by Feb)




Note: This is NOT investment advice.