$WORK | WEEKLY OPTION UPDATE
Updated
Good Afternoon Traders,
Today we will cover a few plays I'm in or looking at.
This morning we saw some massive movement all across the market. ACB up another 55%, USOIL ripping, yet we still have a fair share of companies crashing.
WORK - DAILY PLAY
WORK $28 PUT 5/22 @ 25 (Grabbed before the continuation)
The Next Play
We will look to grab some WORK calls expiring in 3-4 weeks which will give us a bit of wiggle room.
Something I may be looking to grab once we bottom out would be a WORK 31.5 Call. Right now they are priced at $178 per contract, once we come down some more they should be quite a bit cheaper (They are already down 30% today).
If you have any questions at all please feel free to direct message me.
Talk Soon
DotcomJack
Do Not Trade This, You Will Lose Money
Today we will cover a few plays I'm in or looking at.
This morning we saw some massive movement all across the market. ACB up another 55%, USOIL ripping, yet we still have a fair share of companies crashing.
WORK - DAILY PLAY
WORK $28 PUT 5/22 @ 25 (Grabbed before the continuation)
The Next Play
We will look to grab some WORK calls expiring in 3-4 weeks which will give us a bit of wiggle room.
Something I may be looking to grab once we bottom out would be a WORK 31.5 Call. Right now they are priced at $178 per contract, once we come down some more they should be quite a bit cheaper (They are already down 30% today).
If you have any questions at all please feel free to direct message me.
Talk Soon
DotcomJack
Do Not Trade This, You Will Lose Money
Note
These calls will run through earnings, giving us an awesome edge :DNote
Put play hit = 100%If we breakout & hold above $30, I will exit these puts and grab calls expiring late June.
Easy Loot
Note
Sold puts & grabbed 4 WORK $35 Calls 6/19 @ 109 per contractNote
Sold out of the 4 work calls at $492 each.... That's a gain of roughly $1600 from $400
Easy Loot
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