Bullish Setup (if you think bounce holds)
• Buy Call Spread:
• Buy $90 Call (Sept expiry)
• Sell $100 Call (same expiry)
• Lower premium, defined risk. Target profit if stock runs to resistance.
• Cash-Secured Put:
• Sell $85 Put (Sept)
• Collect premium. If UBER dips, you get assigned at an effective cost basis below support.
• Buy Call Spread:
• Buy $90 Call (Sept expiry)
• Sell $100 Call (same expiry)
• Lower premium, defined risk. Target profit if stock runs to resistance.
• Cash-Secured Put:
• Sell $85 Put (Sept)
• Collect premium. If UBER dips, you get assigned at an effective cost basis below support.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.