DKNG Bear Call and Bull Put spreadDKNG Bear Call and Bull Put spread
Sold the Bear call yesterday May 5 for May 7 expiry 3 dte but haven't had time to log it.
Sold for 25% roi and 3 dte.
I've been extremely groggy today and had to take a nap.
Sold Bull put today 5/6 for 8 dte and the same 25% roi at the 46/45 strikes
It's not looking so great at the moment, but in theory, the current demand zone still has some defense left in it.
If not, there's a Flip level in Purple that originates some hard selling in Dec 2020 that may help me.
The orange spread is down at the very distal edge of base V shaped rally, so I think it's pretty good location.
