an options strangle could work well here.
As tech seems to be taking a cool down right now, this could drop quite a bit, but it doesnt have to as we all know.
The trend for 20 years is up and for short/medium term bets, its been even longer than that
As tech seems to be taking a cool down right now, this could drop quite a bit, but it doesnt have to as we all know.
The trend for 20 years is up and for short/medium term bets, its been even longer than that
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If she drops, I'm looking at $433 as my first supporting target
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Time scale on this is 4-6 weeks.
If she goes up, I'm looking at the recent highs of $590.
If she goes up, I'm looking at the recent highs of $590.
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instead of taking a strangle, the other option is to wait for a break out and confirmation to then go directional
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This is just hanging on, like a lot of the market. I am now bearish on this short/medium term
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Has broken to the upside. It's looking good now 😆