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SELL · STNG

Sell STNG by Jan 17, 2026.

R
robbinhood69reddit
via r/wallstreetbets
· Published Jan 17, 2025 19:28 · Valid until Jan 17, 2026 · FAILURE
Entry
$52.02
Final
$59.08 +13.6%
Target
Score
-1.00
[I wrote this dd](https://www.reddit.com/r/wallstreetbets/comments/198ip3b/stng_part_2_of_my_4_part_red_sea_shipping_series/) some time ago where I bought STNG calls and it worked out [reasonably well,](https://www.reddit.com/r/wallstreetbets/comments/1992whu/stng_president_selling_i_am_selling_21k_gain_on/) I've been in and out of this name a few other times for small gains. Like all good cyclicals, shipping companies add a ton of supply when they are in a boom and that inevitably creates the conditions for a bust. I think the recent sanctions Biden put gave a rally that provides a good opportunity for shorts looking to participate in …
— ORIGINAL POST · STNG Puts - Biden sanctions induced rally which provides good entry for shorts · r/wallstreetbets · Feb 5, 2025