,
PANW has a strong support from previous swing low at 165 level, this put's strike is placed such to take assignment of the underlying when the share price kept sliding since mid December. However it bounces back up mid-week before touching 165, next course of action - planning to sell another put with a slight higher strike - probably at 170 which is where the 200 EMA will be, last Friday's trade had a mid long red candle with price finding support at 150 EMA but rejected by the 20 EMA. Expecting the share price to dip back a little lower before heading back up. $PANW 20250117 165.0 PUT$
Side | Price | Realized P&L |
---|---|---|
Buy Close | 0.00 | +100.00% Closed |
Modify on 2025-01-21 21:02
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- 錢小欽·01-19[强]LikeReport