CROX

the stock is down almost 38% right now nd we are looking to sell far out of the money calls at some point today.  we would like to see the stock much off the lows when we enter this trade.  right now it looks like the january or march $20 strike calls are interesting to sell (write). but not yet.

technically speaking the chart looks ugly after today as it broke below the 200 sma (red line).

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