$WORK | WEEKLY OPTION UPDATEGood 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
