Good Afternoon Traders,
Today we will cover a few plays I'm in or looking at.
This morning we saw some massive movement all across the market. ACB up another 55%, USOIL ripping, yet we still have a fair share of companies crashing.
WORK - DAILY PLAY
WORK $28 PUT 5/22 @ 25 (Grabbed before the continuation)
The Next Play
We will look to grab some WORK calls expiring in 3-4 weeks which will give us a bit of wiggle room.
Something I may be looking to grab once we bottom out would be a WORK 31.5 Call. Right now they are priced at $178 per contract, once we come down some more they should be quite a bit cheaper (They are already down 30% today).
If you have any questions at all please feel free to direct message me.
Talk Soon
DotcomJack
Do Not Trade This, You Will Lose Money
Today we will cover a few plays I'm in or looking at.
This morning we saw some massive movement all across the market. ACB up another 55%, USOIL ripping, yet we still have a fair share of companies crashing.
WORK - DAILY PLAY
WORK $28 PUT 5/22 @ 25 (Grabbed before the continuation)
The Next Play
We will look to grab some WORK calls expiring in 3-4 weeks which will give us a bit of wiggle room.
Something I may be looking to grab once we bottom out would be a WORK 31.5 Call. Right now they are priced at $178 per contract, once we come down some more they should be quite a bit cheaper (They are already down 30% today).
If you have any questions at all please feel free to direct message me.
Talk Soon
DotcomJack
Do Not Trade This, You Will Lose Money
Comment:
These calls will run through earnings, giving us an awesome edge :D
Comment:
Put play hit = 100%
If we breakout & hold above $30, I will exit these puts and grab calls expiring late June.
Easy Loot
If we breakout & hold above $30, I will exit these puts and grab calls expiring late June.
Easy Loot
Comment:
Sold puts & grabbed 4 WORK $35 Calls 6/19 @ 109 per contract
Comment:
Sold out of the 4 work calls at $492 each....
That's a gain of roughly $1600 from $400
Easy Loot
That's a gain of roughly $1600 from $400
Easy Loot
