$CNK - Jan $17.50 calls were so close to breaking below $2; I am still buying if they get there. Personally feel CNK will still tread lower with options expiring tomorrow - it is usually a red day during options expirations. Volatile stocks (especially reopening stocks) should not be played with margin unless you have the assets to cover margin. You CAN and WILL get margin called in periods like this. Invest wisely, this is not a get rich quick stock, this is a value play that will be a slow upward climb. It is completely undervalued if you believe cinemas have a future, but overvalued if cinemas are dead - I have always been a firm believer that times like these show which companies can innovate for a better tomorrow.
1
6
6 Likes