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dionthas
Apr 30, 2020 1:53 PM

ZENDESK Earnings Trading Idea | 30th of April 2020 Long

Description

ZENDESK will announce its corporate results after the bell today.

It's a good idea to sell 2 put options with $65 Strike Price and expiration date on 15th of May 2020.
So we have a -15% distance loss and if the price is above $65 at expiration we will receive Premium around $170. But if it falls below, we will be able to buy the 200 shares at a lower price as ZENDESK has prospects in the future.
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