ISRG - MyMI Option Plays
Updated
Saw some worse-than-expected Quarterly Results and we were already looking at some Potential PUTs on the stock.
We're looking at a potential $225 Price Target which we actually saw those price levels into today's premarket. We expect to see even lower price levels than $219 on a Double Oversold Bounce to the downside on the lower timeframes just due to the momentum to the downside. Could see some potential 100% gains intraday even, so will buy a few and then sell one to take the initial investment back and look at holding shares on the turnaround at the bottom.
Will add lower time frame charts in comments on the trade!
Thanks for tuning in!
MyMI Wallet
We're looking at a potential $225 Price Target which we actually saw those price levels into today's premarket. We expect to see even lower price levels than $219 on a Double Oversold Bounce to the downside on the lower timeframes just due to the momentum to the downside. Could see some potential 100% gains intraday even, so will buy a few and then sell one to take the initial investment back and look at holding shares on the turnaround at the bottom.
Will add lower time frame charts in comments on the trade!
Thanks for tuning in!
MyMI Wallet
Note
15M | 1-Year ChartNote
Based on Fibs in 15-min, we're looking at potentially $213 Price Levels and that would give us about $2500 on a $450 Investment on the Trade is all goes well.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.