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Quantamental
Sep 30, 2019 6:10 PM

FB - Bull Put Spread Long

Meta Platforms, Inc.NASDAQ

Description

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
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