Option Strategies: MELI, SQ& SOFI

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

1.

Whoa ... didn't realized that $MercadoLibre(MELI)$ was announcing earnings after the bell today. Sold-to-open the July 19 $1140 strike put.

Volume point-of-control around 1200. Picked a strike (1140) slightly below at a multi-touch bottom point.

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2.

$Block(SQ)$ releases earnings after the bell today. Currently have a 62.5p in play and am purposely trying to get back shares lost on the last earnings release due to a covered call (luckily, lost it for profit).

The 62.5 level targets a previous bottom of a consolidation range prior to the last earnings release.

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3.

Calling all $SoFi Technologies Inc.(SOFI)$ shareholders and traders! Let's make this the next $AMC Entertainment(AMC)$ $GameStop(GME)$ and get the retail ape army behind SOFI so that we can squeeze the shorts and get a massive pump up to $10+ !!!!!!!!

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# Options Hub

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  • Thanks for sharing this info with us!
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