Option Strategies: MDB, SNOW& ANF

Selling For Premium
08-27

Hello everyone! Today i want to share some option strategies with you!

1.

$Snowflake(SNOW)$ getting that sympathy pump in AH thanks to $MongoDB Inc.(MDB)$ 📈

Hopefully ya'll wrote puts on SNOW to capture that premium.

Can close out position tomorrow for profit and then re-write for an earnings play.

2.

Looking at an optionselling trade on $Abercrombie & Fitch(ANF)$ to play earnings tomorrow morning. Expected move is ~12%.

Aug 29 expiration:

▫️ STO $70 put strike

▫️ STO $130 call strike

🎯 the recent bottom support as well as overhead supply resistance.

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