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QUANDRANTS
Sep 3, 2021 1:33 AM

double top / double flags 

Description

Small put options position here; eyeing 3:1 calls to puts if it can breakout of this latest flag. Looks bulled up, but who knows what tomorrow brings. Not sure if I want to hold paper through the weekend. Monday could be a bloodbath
Comments
Mayhem00
Insane to try this on the momentum this has. Good luck.
QUANDRANTS
@Mayhem00, the spread works if the puts are long dated and calls weekly, and rolled up & out as it spikes. Needs to breakout of the latest flag and clear that nasty double top resistance band tho.
younghani
great work, didnt you have a quote a while back "if you cant hit it with a hammer" ?
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