$PRPL speculative bounce play. Bottom around $23.80. Last time it touched this level it had a 17% run.. let's see if it holdspic.twitter.com/fCqArIU9fv
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Let's see if PRPL bounces here. So far this isn't the bounce I was looking for
I am prepared to put more into if it drops sub 22.50. if it goes sub 20.00. YOLO baby.
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It's crazy how range bound it is. I hope it can break this range prior to Q3 earnings. Wouldn't mind getting a large part of my margin back :)
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I sold 40.00 strike calls for June or july of next year for 1.74. Seemed like a small little hedge that freed up some cash on my shares.
End of conversation
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