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Unusual Strength Alert: Corsair (CRSR)
September 21, 2021
Unusual Strength Alert: Corsair (CRSR)
Like many tech and electronics companies, Corsair (CRSR) experienced record levels of underlying consumer Demand for its computer hardware and peripherals during the lockdown last year.
Now CRSR PI Mentions are showing unusual near-term strength, up +24% QoQ on a 30-day moving average.
Shares of companies in the tech and electronic sectors have been under pressure in recent months, and Corsair has not been an exception -- CRSR stock is down -40% from its February 2021 high, declining nearly -5% yesterday.
However, yesterday’s sell-off prompted some unusual bullish options bets, including a $342,000 January 2022 call position entered at the open.