Take a look at the chart of TAN and tell me it's not overextended right now. JKS is the biggest offender and I'm looking to buy some puts on this insane move. Completely unsustainable and will see lower prices from here.
Nota
I shorted this morning when the underlying was 45.80 with a 44 strike. Down right now but have 10 trading days for this to collapse. Never seen a move like this before with no red days for a 100% amplitude move. Still very confident
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