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FB short term puts

By Trade_Integrity
4% drop suggested in the next week based on a 7 day consolidation with a down trend confirmed. Trend is in line with two other weekly trends I had charted earlier. I bought $146 puts for Nov 16 looking for a quick ROI of about 50% if target is reached by expiration.
Chart PatternschartsdowntrendingFBTechnical IndicatorsputsS&P 500 (SPX500)Technical AnalysisTrend Analysis
Trade_Integrity
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