BX stock: EVERY significant rise is followed by a steep sell-off
If you've watched this stock over the years (I have, since 2008) you know that every single significant gain has been followed by an almost equally large drop. You can make a bundle playing the swings, and that's what you're watching right now. This stock is a trader's wet dream. THE CASINO IS OPEN!
ok, billie, I just put BX on my list, looks like it will fade the 10yr tnote rate. sept puts maybe too quick, and I don't like the gap thru oct and nov, so I dunno. best chance for heavy drops in bx will be after September fomc, i'd bet....
them 256k and 102k Jan call vols yesterday would have been sells, a bearish play