Getting Short the Hottest Stock Out There: PLUG

Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of fuel cell systems for the industrial off-road markets worldwide. I watch Institutional Order flow and trades from the Hedge Funds, Mutual Funds, and Retail Banks. Today, a trader bought 7,000 of the PLUG 4.11.2014. At keeneonthemarket.com we help traders help with the risk vs reward in trading. This means that a trader took about a $560,000 that PLUG sells off under $7. Lets breakdown my trade:

My Trade: I bought the PLUG 4.11.2014 Weekly 7 Puts for $.80
Risk: $80 per 1 lot
Reward: $620 per 1 lot
Breakeven: $6.20

Greeks of this Trade:
Delta: Short
Gamma: Long
Theta: Short
Vega: Long

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