@Glitch_Trades Yeah, earlier this week I was eyeing a long-dated call if META could break and hold above 640. Instead, that liquidity grab above 640 brought in wave of sellers. For now, I still see it trading inside the wedge.
@StockOptionCole Appreciate the post on the 7/17 $AMZN whales and charts. Decided to take a "lite" version of this setup and grabbed a $270/$280 call debit spread. Right risk parameters for my account size ahead of summer catalysts. ๐๐ธ
@StockOptionCole my daughterโs auntie and uncle takin her out to dinner in San Diego this evening. Any ideas for good Italian that are not tourist traps?
Watching $META closely the last couple days.
200-day MA rolling over, overhead resistance, and after opening push above VWAP, price couldnโt sustain and selling pressure stepped back in.
Ended up taking a 5/22 622.5/627.5 CCS. Focus on structure, confirmation, and strike.