I presently have 25 bearish positions. The champion of them all right now, with a 100% return so far on the put options, is Match (symbol MTCH). It had a magnificent topping pattern (as noted multiple times in recent months) and has followed through beautifully.
The lifetime chart of MTCH shows that it has also broken its long-term trendline. I’m hanging on to my options, as they don’t expire for 148 more days, and I believe there’s plenty more potential for weakness (plus 93% of the option’s value is intrinsic at this point, so I’m paying almost nothing for all that time).
