Short
$WORK Slack - Overbought, Bearish Options Activity
WORK Slack - Hitting resistance today at $30.50 and beginning to retrace.Unusual Bearish Options Activity Yesterday -
12k $30.00 strike (ITM) Dec'20 puts traded vs open interest <2k or 6x OI for a total premium outlay of $5M
Near term target: $25.00-$26.00 range by late October
Note: This is NOT investment advice.
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.
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.