@Asphen:Price action continues to help in my Options Trading for PINS - As shared previously, PINS has been in a consistent channel for many months - The latest "bottom" was in line with the bottom of the buy channel at 23 <== Sold puts (long position) - Held the puts diligently for some weeks, and now it is at the top of the resistance of the channel <== sold calls (shorts) at the peak of 28 last night - Also transacted options at the structural levels of 25 and 27 - But generally, price action has guided quite well - If it breaks out of channel, then i will make a call to cut either legs (puts or calls) Just sharing on how / why I view PA as importance in my options journey. @CaptainTiger