I’ve never eaten at one, but I bet it’s just stupid stuff like overly-sticky BBQ wings, celery sticks, and ranch dressing, just to keep America portly. I’m shorting this sucker.
Lots of damage in bear-world, of course, but there are still glimmers of potential reversal, such as small caps……..
I have a couple of short ideas which are interesting options opportunities as well (by way of a long put positions). There are a couple of reasons I mention options, which I normally don’t do: (1) both of these stocks have lofty triple-digit price values, which gives them a lot of “juice” in raw dollar terms to the downside (2) the price for volatility is relatively low these days.
In other words, I wouldn’t dare put up a post suggesting put options on a day like, say, February 11th, when the VIX was in the 30s (it’s about half that value now).
Anyway, here they are – Baidu and Amazon; I’ve tinted the gaps for each.