Option Strategies: GTLB& MELI
Hello everyone! Today I want to share some option strategies with you! Hope it can help you!
1.
Per our optionselling plan, executed the $MercadoLibre(MELI)$ put trade. Some folks in our ear convinced us to go "safer" since we already have the 1585p in play.
Targeted the 200EMA as our new strike level. Sold-to-open: May 17 expiration 1440 put strike
Image
2.
STO $GitLab, Inc.(GTLB)$ custom trade, March 8 expiration
- 50p (5 cons) naked
- 50p & 100c (5 cons) strangle
- 96c/100c debit spread (5 cons) It also could be viewed as a naked put at the 50 strike and a ratio call spread at the 96/100 strikes.
Call skew vs. Put skew is leaning heavier to the call side, so we're trying out something different to test a trade set-up.
Follow me to learn more about analysis!!
https://twitter.com/Selling4Premium
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
