$GPRO Back Below 200d - $5M Bearish Options Bet

$GPRO Back below 200d ema line, headed lower near term.

Bearish options bet today - 25k $8.00 strike (deep ITM) July puts traded today for total premium of $5.6M vs OI of less than 150

Medium term target - $4.00-$5.00 range by early July

הערה:

Note: Informational, not investment advice.