Option Strategies: DOCU
@Selling For Premium:
Hello everyone! Today i want to share some option strategies with you!Idea on $Docusign(DOCU)$ Earnings date: June 6 after market close Expected move: ~9% Points to Consider: - DOCU has clearly established a long-term base of support in the 35-38 range ... this would be an ideal level to target for put strikes, but unfortunately there looks to be no OI, volume, or premium for the June 7 expiration (you could go out to an expiration date farther out) - Long-term volume point-of-control at the 55 level - Looking at a more recent timeframe, the volume point-of-control is at the 42 level - 200EMA at the 55 level, and we can see DOCU trading at that level as of Friday's close - Expected move in the 50-60 range - Recent past earnings moves have been bel