Verizon \$43.20 PUT โ Weekly Short Play!
### ๐จ๐ฅ VZ \$43.20 PUT โ Weekly Short Play! ๐ฅ๐จ
**Strike:** \$43.20 ๐
**Expiry:** 2025-09-05 ๐
**Direction:** PUT (SHORT) ๐ป
**Entry Price:** \$0.25 ๐ต
**Size:** 1 contract ๐
**Entry Timing:** Market Open โฐ
**Profit Target:** \$0.50 ๐ฏ (+100%)
**Stop Loss:** \$0.12 ๐ (\~48%)
**Hold Horizon:** Exit by Thursday EOD ๐
**Confidence:** 65% ๐
**Why Trade?**
* ๐ฆ Low VIX โ cheap weekly premium
* โก Strike \$43.20 near support โ fast downside potential
* ๐ Institutional flow & heavy call skew โ short-term pullback edge
* ๐ Tight stop protects capital
**Risks โ ๏ธ**
* ๐จ Momentum reversal โ rapid decay if VZ rallies above \$44.50
* ๐ Low volume โ wider spreads & slippage
* โณ Time decay & gamma โ monitor intraday moves
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**๐ Tags:**
`#VZ #OptionsTrading #WeeklyPUT #ShortPlay #HighProbability #TradingView #OptionsFlow #WeeklyOptions #LowVIX #RiskManagement #TechnicalSetup`
Verizonidea
Verizon Shares Tank 4% In premarket Amidst Earnings ReportsVerizon Communications Inc., (NYSE: NYSE:VZ ) through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide saw it's shares dip nearly 5% in Tuesday's premarket session.
Verizon Communications (NYSE: NYSE:VZ ) reported a wider-than-estimated drop in phone subscribers outweighing first-quarter results that topped analysts' expectations.
The company posted adjusted earnings per share (EPS) of $1.19 on operating revenue of $33.49 billion. Analysts polled by Visible Alpha expected $1.15 and $33.33 billion, respectively.
Furthermore, the company reported retail postpaid phone net losses of 289,000 subscribers. Analysts were expecting a net loss of about 218,000 subscribers.
Verizon Chief Revenue Officer Frank Boulben said Last month at a conference that new subscriber figures in the quarter were "probably going to be soft," although he affirmed the company's forecast for wireless service revenue to grow by 2% to 2.8% this year.
Shares dropped nearly 5% immediately after the report. They entered the day up about 7% this year.
Shares of Verizon ( NYSE:VZ ) is close to breaking the strong support point holding the asset from nosediving. Should NYSE:VZ break below the $40 support? A selling spree might push shares of Verizon to the $37 support point.
However, all eyes are on the RSI at 42, should NYSE:VZ hold the bears from entering oversold region, a bullish reversal might evolved in the short to long term.
VZ (Verizon Communications Inc.) Buy TF M15. TP = 35.31On the 15 minute chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 35.31
But do not forget about SL = 33.70
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading


