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$GME bull risk reversal idea
GameStop
Long
$GME bull risk reversal idea
By FriscoTrades
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Sep 8, 2022
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Sep 8, 2022
GME in my opinion has a good R/R to the upside at this price level with price approaching good support and demand zone.
High Beta and due for a squeeze after this $45 to $23 downleg
I like the idea of OCT bull risk reversal - selling a put to fund calls - so I sold some OCT 23 puts and went long OCT 28 calls for .3 debit.
First PT $29
bullriskreversal
gamestop
GME
optionstrading
Oscillators
Supply and Demand
Support and Resistance
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