Strong price action today. TSLA was able to hold the 700 level 4 times after breaking over on 8/2. TSLA over 727 can run to 750, 762, 780. Trade Idea: 8/13 750C
Trade Idea: 8/6 410C over 400 BID/ASK: 3.20/3.30 Levels above 400 are 404, 410, 416
On 2/22-2-23 ROKU sold off from 483 to 381, and was able to bounce 30 points. 11/9, ROKU gapped down 8.6% and was able to bounce 4% at open that day. 5/7/20 ROKU gapped down 8.9% next day after earnings and was able to bounce 6% that day. ROKU is at 384 (-8.6%) AH. If roku can hold above 380, it's possible to see buyers step in at open today. If ROKU can't...
I would go short under 3300. The 8/6 3250P can work. I would consider going long over 3344. The 8/6 3400C can work.
Trade Idea: 197.5C 7/30. over 196.5 If tech sells off, puts can work under 194 using the 192.5p 7/30.