Call and Put orders for 1.5 week expiration. Price at important bidirectional zone, let the bulls or bears decide direction, it's in a squeeze.
Edit: Sold all puts, allocated to calls. Oil down, Airlines up.
Buy Oct-13-23 12.5 Calls @ 0.53 Limit to Open
Buy Sep-22-23 5.5 Puts @ 0.05 Limit to Open
Buy Sep-22-23 6 Calls @ 0.03 Limit to Open
Bought a straddle, with Fed week and a zone of support and resistance, along with TTM Squeeze showing a potential move, both ways can play out here.
Found another potential deep value play trading below balance sheet tangible book value.
When the market is relatively unattractive, I like to look for deep value stocks now while I wait for better value in growth stocks and/or wait for bear spreads to work ;-) .
Deep value, or cigar butts, or net net stocks, or balance sheet plays are companies that have...
Buy NYSE:BTI Jul-21-23 $33 Strike Calls @ 0.25 Limit to Open
Buy NYSE:BTI Aug-18-23 $33 Strike Calls @ 0.85 Limit to Open
Price right at support on multiple timeframes. Oscillator not as clear but waiting on it might be a miss on opportunity.