WDC Bullish Into Earnings
My Notes are on the Chart. There is a GAP on the WDC Daily chart up to $44+ which needs to be filled and with it breaking out of a downtrend (Support on the 38.2 Fib), i am completely BULLISH on WDC. any good news + Guidance will see them hit $45 on or before Friday so i will suggest a 10/30 $45 Strike and if you must hedge, go with a $36 Put. Open Interests are Mad there for both. Plus,. it is super cheap. These are my Yolo (Possible 400%+ plays).
For safety, play the 10/30 $42 Call and if you wish to Hedge, then use a $38.5 Put (Possible 100%+ Plays).
For safety, play the 10/30 $42 Call and if you wish to Hedge, then use a $38.5 Put (Possible 100%+ Plays).
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.