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Option_Traders
Jan 4, 2021 5:17 AM

Rounded bottom 

Papa John's International, Inc.NASDAQ

Description

Has a cup and handle look to it, looking for a move over 85.47
Comments
docpi
82.50/87.50 February long call debit around 2.50
82.50/90 around 3.50
Take advantage of move and theta
docpi
I like Sto puts Pzza feb 70 p 0.95
Pzza feb 75 p 1.65

Sell - 1:2 ratio

Maybe risk reversal with part of the money 80/90 long call debit
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