$Intuitive Machines (LUNR.US)$ we are at a critical level of...
one has to go back to August 15th to see it trading below it's 20-day moving average.
right now we are hovering at $7.06 which is it's 20 day. if this closes .20 -.25 cents below that moving average the downside is about $4.40.
so keep your fingers crossed pray whatever you want to do because this is a critical support level for the stock.
if you want to hedge your long position or if you hate the company and say well I want to make money because I think it's going to collapse.
I would go out and buy a 5.50 put for a 10/18 expiration .
a breakdown in the stock would give the put value of at least a dollar bid which would be a 20-fold return on your money.
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