Market Overview

Tim Biggam's Bearish Beyond Meat Trade


Tim Biggam of Delta Derivatives spoke on Bloomberg Markets about his bearish options trade in Beyond Meat Inc (NASDAQ: BYND).

See Also: A Look At This Year's Top Restaurant Trends: Cannabis, Craft And Casual

He wants to sell the June 100 call and buy the June 105 call for a total credit of 60 cents. If the stock stays below $100 at the June expiration, he is going to collect the 60 cents premium. In case it trades above $105, he can maximally lose $4.40.

Posted-In: Bloomberg Markets Tim BiggamShort Ideas Options Markets Media Trading Ideas


Related Articles (BYND)

View Comments and Join the Discussion!

Jim Cramer Weighs In On Nektar, L Brands And More

Mike Khouw Sees Unusual Options Activity In Tesla