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daniel337trade
Feb 3, 2022 8:39 PM

$UI looking to drop  Short

Ubiquiti Inc.NYSE

Description

UI, huge ABC pattern confirmed. Price target will be below 188.46. During Earning report season options will be heavily inflated. If you’d like to minimize your risk exposure you may sell a vertical call.
$10 spread
STO 165C
BTO 175C
Your risk exposure should be .50ish per position for $10.00.
Comments
Tim_yang98
AGREED! Hopefully we can hit 255 area one last time before we drop.
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