$ADS has over 33% of its float shares short and is approaching multiple areas of resistance as it climbs higher. The biggest level of resistance would be the downward trending 200 SMA which is currently at $44.65. The risk you run of shorting such a setup, either with stock or buying puts, is that the
ADS Short Squeeze (call backspread)
$ADS has over 33% of its float shares short and is approaching multiple areas of resistance as it climbs higher. The biggest level of resistance would be the downward trending 200 SMA which is currently at $44.65. The risk you run of shorting such a setup, either with stock or buying puts, is that the