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Here is what is currently happening.
Wanted to get more size on this one but still had lots of time on the short call and was trading M V (98M & 128M on the 2 days). B/H chart but never seen V like this so was taking a conservative size even though it was day 3 and up from $.15 to $1.10 and my B/E was way up to the $2.75 range. Should have taken more of an aggressive approach on the 3rd day. Good lesson. Offering @ $.45 tanked this one PM on 9/12.
Shorting into the AM failed continuation after a huge run up and leader CGC selling off pretty hard. If premium was larger would have sized in a little more as it failed to break the low to mid $12 on the F/U spike. Still a nice little win for a few day trade that was stress free.