$WORK | WEEKLY OPTION UPDATE

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

Yorum:

These calls will run through earnings, giving us an awesome edge :D

Yorum:

Put play hit = 100%

If we breakout & hold above $30, I will exit these puts and grab calls expiring late June.

Easy Loot

Yorum:

Sold puts & grabbed 4 WORK $35 Calls 6/19 @ 109 per contract

Yorum:

Sold out of the 4 work calls at $492 each....

That's a gain of roughly $1600 from $400

Easy Loot