01/02 possible option play (wait to buy at trending resistance)
01/18 DBX $17.50 PUT dip buy at resistance (0.15)
IV 69.23% VOLUME 0 OPEN INTEREST 1 current price $20.82
I starting watching this on Jan 2nd, i think it's time to get in. I don't like the bullish candle from Friday though. Robinhood has this as a 0.05 increment option play, quite cheap for an educated guess play.
MACD shows a slight move bull, but very similar to dec 12-14 MACD move when it went back south.
NOTE: My red arrow line is my breakeven/no profit-loss line. PUT - anything below the line is profit
Throw $5.00 at it and see if Dropbox continues to get pounded back down from trending resistance.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
01/18 DBX $17.50 PUT dip buy at resistance (0.15)
IV 69.23% VOLUME 0 OPEN INTEREST 1 current price $20.82
I starting watching this on Jan 2nd, i think it's time to get in. I don't like the bullish candle from Friday though. Robinhood has this as a 0.05 increment option play, quite cheap for an educated guess play.
MACD shows a slight move bull, but very similar to dec 12-14 MACD move when it went back south.
NOTE: My red arrow line is my breakeven/no profit-loss line. PUT - anything below the line is profit
Throw $5.00 at it and see if Dropbox continues to get pounded back down from trending resistance.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.