Purchasing BB Puts with 12 Mar exp

I expect price to break through previous support after being rejected at the current resistance. It's possible that price will move to $7.78 and $7.34 within the next 2 weeks.

Therefore, I purchased 12 MAR 21 8 PUTs. I plan to sell these contracts at market value, if they make it to speculated price level.

İşlem elle kapatılmış:

Price broke above the previous price level which suggests, to me, that we could see a bullish turn around here. I closed the trade for break even.