Butterfly BAMM Looks to Take SOFI Down Another 58%
The best way to play this would prolly be with some OTM Monthly PUTs around the $11 strike risking a smaller portion of your account that is what i will be doing here.
The linear 1.272 PCZ of this Butterfly Aligns with the logscale 1.618 This is no guarantee that SOFI will rise up from that point but i have a greater certainty that SOFI will reach that point so i will take the trade downwards.
The linear 1.272 PCZ of this Butterfly Aligns with the logscale 1.618 This is no guarantee that SOFI will rise up from that point but i have a greater certainty that SOFI will reach that point so i will take the trade downwards.
