TDOC looking a little bearish in the short term. Bear pennant formed, ready to break to downside on any NASDAQ weakness (which we are almost guaranteed to get this week with this fickle market). Playing $148 puts.
Trade closed: target reached
Closed 8/13 $148 puts yesterday for 126% profit. Nice easy setup. Looking to play the upside now. Inside candle today could mean the start of a reversal.
Note
Should have played 8/20 puts. Those would have printed in a major way.
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