Quantamental

FB - Bull Put Spread

Long
NASDAQ:META   Meta Platforms
High Vol & High Beta Stock.

RSI <25 and PA holding near 200 MA.

Looking for Reversal to mean higher.
Taking 177.5/ 175 Put Credit Spread.
Also picked up 180 Call for Directional Bias Higher.

Oct Exp but aiming to Close in profit well before that...

Good Luck - Watch your $$$ RISK
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.