MNST Losing Its Energy

After a huge year of stock gains Monster Beverage Corp has been on a huge losing streak. It has gone from bad to worse and I think it has further to drop. Investigations into the claims made by energy drink manufacturers will at worst hamstring their marketing, and at least give the segment a lot of bad press.

I put in an order today for a $55 Put option with a Dec 22nd expiration. The stock is sitting at $59.48 today but if the current losing streak continues I will make a good return on this trade.

Thanks for reading!

Straight from the Chart 

Disclaimer:
Just to be clear, nothing that I'm posting on this blog is in any way advice that should be followed by anyone else. All investment decisions should be made carefully by all individuals taking into account their own financial situation and appropriate levels of risk. Do not take anything I say for anything more than it is, opinion, speculation, and woefully undereducated guesses as to how I think a few stocks are going to perform.