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StepStrangles

Short PUT on good earnings

Long
Under Armour, Inc. (NYSE:UAA)  
StepStrangles  
NYSE:UAA   Under Armour, Inc.
Support and Resistance Earnings Volatility
1
0
supportandresistance earnings volatility
After beat earnings, stock down significantly.
SELL VOLA on FAIR VALUE -> Short 11/03/2022 16PUT provides 8% protection on weak momentum
IV30 % Rank: 69%
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