Square Options Play (Strangle)

20 déc. 2019

Got in this today before the breakdown. 66 calls and 62.50 puts. Seems like a move to 63.50 support is in the cards, if not 63 or more. Will sell PUT when up 100%+, thinking the power move will be in the call on a bounce. This can go $3-4 in a day no problem.

24 déc. 2019

Note

Nice move down today. Puts up 100%, looking for gap down or flush in am to exit. Keeping calls to zero, imagine it sees a bounce soon, but maybe not strong one till new year. That's all spec though