NASDAQ:ZM   Zoom Video Communications, Inc.
280 P's @ .60 filled, Don't bid over.70 if you wanna play this trade. Small position. Weekly swings are always a 60-40% chance of playing out.
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Breaks 285, we go waterfall down.
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not gonna lie, but this could be a good swing short also. We have multiple confluence and the company does nothing. MS team is way better. Just my weekly tf view. Btw calls up .20 already, hope we make a good profit outta it.
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*puts
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remember to take profits sold 2 @ 1.10. 1/3 remaining, will be holding one overnight as its already paid for.
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I wanted to see a break of 286-285, but that didn't happen so I sold the last one at.70. I will look for re-entry tomorrow or on Monday for the 275 -269 target next week.
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Watching.
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On 275 weekly puts.
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We have room to 284, if it breaks, this will be in a freefall. Bulls need to protect that 284-285 region at all cost.
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