Even with SNAP's plunge, I remain bullish on PINS and continue to hold $PINS 20240216 42.5 CALL$ .
SNAP's sell put options exercise this week. Although the stock price broke the 11.7 support level, 100 shares are not much money anyway. But to make up a little bit of the loss, the action I chose was to sell $MSFT 20240301 410.0 PUT$ . in 2024, technology companies will continue to all in AI, Microsoft is still the mainstay of the market, and it does not lose money by selling ATM put exercise.
PYPL with a large single transaction, buy $PYPL 20240209 63.0 CALL$ .
By the way, the money of the option buyer who bets on the financial report comes from the previous sell put, which is entertaining, so it will not be heavy.
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