I opened $PENN VERTICAL 240802 CALL 20.0/CALL 21.0$  ,🏀 PENN just caught my eye as a potential bearish play!! PENN Entertainment has been a laggard in the market, consistently hitting new 52-week lows throughout 2024 and ranking in the bottom 38% of its industry. This ongoing underperformance, highlighted by missing earnings estimates in two of the last three quarters—including a notable first-quarter miss by 33.9%—sets the stage for bearish strategies. Additionally, the occurrence of a 'death cross,' where the 50-day moving average falls below the 200-day, suggests further downward momentum. These factors make a bear call spread an appealing option for investors looking to profit from PENN’s downturn. Here we go! 🤞