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
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These calls will run through earnings, giving us an awesome edge :D
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Put play hit = 100%
If we breakout & hold above $30, I will exit these puts and grab calls expiring late June.
Easy Loot
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Sold puts & grabbed 4 WORK $35 Calls 6/19 @ 109 per contract