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Pr0diJ
Dec 29, 2020 11:18 PM

ZM - buy the dip? Long

Zoom Video Communications, Inc.NASDAQ

Description

More COVID news - new strain from the UK was found in Colorado.
That means it's EVERYWHERE...

Buy the lockdown play at its support. #tradeidea

ZM (IV Rank 13%) - debit call spread $3.85
Risk: $385
Breakeven: $364
Max Profit: $615 (if above $370 by expiration)
+1 JAN 15 $360
-1 JAN 15 $370
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