OptionAssassin

WISH Earnings Lotto Runup Trade

Long
NASDAQ:WISH   ContextLogic Inc.
Trade Notes:
WISH reports earnings August 12.
WISH a short squeeze candidate.
Buying the August13 13 Calls for $0.25 in an all or nothing lotto trade.
20 contracts.
4hour chart double bottom and bullish divergence.
4hour Trend Catcher buy signal.
Institutional Volume heavy at $13.25.
If it runs up, will take profits on the way up and potentially leave an earnings runner.
No Stop, Full Risk.

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