Techreturns

Z Bull Flag Breakout

Long
NASDAQ:Z   ZILLOW GROUP INC
$Z is breaking out to new highs again before $RDFN earnings in an hour. Housing market has been on fire and $RDFN $Z should benefit. I hate earnings plays so I have a half position currently as I want the ability to double up after earning's prints. Also possible $Z gap up on $RDFN blowout so I want to take the risk exposure. I am long Jan $100c and short Sept $65p
Comment: Z is up nearly 15% in a afters to $82. Congrats longs.
Disclaimer: This account and post are not intended as trading advice and are for educational and informational purposes only.

Comments

No idea why trading view changes some things I write. “Fundamental” should say “earnings,” and “ABIL” should say ability
+1 Reply
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