TradingView
MoneyFlow_Options_Community
Feb 5, 2023 5:18 PM

$AFRM Trade Idea 2/6/23 Long

Affirm Holdings, Inc.NASDAQ

Description

AFRM

AFRM has had some nice movement after finally breaking back above 17 area. Earnings coming up this week on Wednesday. If we see a positive reaction to earnings AFRM can run to the 23,24 level. If there is a negative reaction we can see a 5+ point drop to the downside towards 13 again.

Trade Idea:
AFRM 2/10/23 20 calls (ER Lotto)
Entry: Hold above 18 or Back test of 17
Target: 22.50
Roll: 25 calls above 22.50
Comments
MoneyFlow_Options_Community
As long as 13 holds it can move back to 17 by friday
TraderVINOD
hey bud, still holding afrm, what do you think the next range for 2 weeks?
MoneyFlow_Options_Community
Could make a big enough move. more bearish now that it's under 17.. 13 could hit in bad er
Sawyer170
strangle it then??
More