don’t feel like you have been as attentive as of late. I can’t say I blame you. I haven’t either. We’ve been in a slow grinding market for some time. There hasn’t been a lot to say. However, the start of some volatility may be creeping back into the market by the looks of it. Nothing to soil your Dockers over just yet, but something to keep an eye on.
My short interest scans have been providing some huge wins this past month. Remember SSTK? Or are you still mad at me for MNK? It’s our choice as traders, and human beings to focus on the positives or the negatives. I know which I prefer. I prefer to think of Margot Robbie in a bubble bath, and my next trade which without further ado, I have for you here:
AthenaHealth Inc. $ATHN
Taken straight from my short interest screen, with approximately 20% of the shares held short. Overall this industry group thrives in the month of December from a seasonality perspective.
From a revenue standpoint, you want companies you own to look just like this:
An ATHN position is easy to manage around these levels as it comes into its Volume Point of Control taking into account 5 years of daily data:
Give this one a bit of time, but I think it may serve us well from the long side.
I am in December 135 calls and will be adding should the stock fall.
OC