I closed my puts because I will lose value with IV decline and theta decay if stock bounces up before going lower. See notes on chart.
Bought 800 calls and IV quickly increased and raised options prices as well. Looking for stock to go up to 20sma on 30min chart, around 790, but also setting exit to keep profits if stock drops.
Bought 800 calls and IV quickly increased and raised options prices as well. Looking for stock to go up to 20sma on 30min chart, around 790, but also setting exit to keep profits if stock drops.
Watch 30min chart. When 20sma comes down below cloud this might coincide with more downside. Also RSI is testing 50 so watch for it to fail.