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DotcomJack
Jul 1, 2020 7:37 PM

$ZM Pushing For New Highs | Options Play 

Zoom Video Communications, Inc.NASDAQ

Description

Technical Analysis of BA plus this week's option play.

Zoom says added over 100 features as part of 90-day security plan

What we are looking for:
  • Breakout & hold from $262; These last few waves have been consistantly $20 per leg, looking for $279 next.
  • Retest of $254 providing a great entry, then breakout of $262


The Play:
$280 Call 7/17 @ $410 per contract
- I plan to grab one to get my foot in the door, will grab more if we come down and respect support


This is not financial advice nor am I a financial advisor
DotcomJack
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