Shorting for only a $0.40 move is risky. Not enough delta for options to pay off so you would need to use at least 1000 shares of stock to make it worthwhile. I wouldn't short CLNE stock while oil is over $100. The correct short was long WPRT $34 puts when the SP was over $35.00. WPRT climbed too fast to really hold onto it's gains even with $100+ oil. GLTA
That's why we have markets ... each person does what he thinks is best for them.
$0.40 move? I think it's more like a $1.50 move ... It's like finding money on the street.
Would you bend over to pick up $1500 on the street?
Possibly but I think it will break the 13.50 mark on Monday on move on to $14 then $15 within a couple weeks. My guess is as good as your guess. We will see who is right as the market will like the jobs report and natural gas looks like it's in favor right now overall with the markets. JDT