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173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO

Chat With Traders

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How to Trade in and Out of Lyft

On day one of Lyft's IPO, there were kind of three main trades. The first trade on the first short was a big drop. That was where most of the P&L was made. And alongside it was a small winner, almost a break even you could call it. But the bulk of it was definitely two thirds of it was on the initial trade.

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