Intraday Update: TNDM

By Dan Darrow

November 29, 2022

Intraday Update: TNDM

Some money is flowing into Health Care early this morning, and TNDM is continuing to rally after closing around 41 yesterday. The bearish thesis hinges on the stock finding resistance near the 20day sma, so I think it makes the most sense to wait until it slides back to ~40 to initiate the Jan20 put spread. We will hold off opening the trade early this morning, and I will pass along an update when the trade lines up again.

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Trader Author Portfolio Holdings

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