Bearish Setup on RBLX: 107P Weekly Play
# 🎮 RBLX Weekly Options Setup (8/18 – 8/22)
📉 **Market Context**
* Current Price: **\$117.34**
* Last Week Drop: **−8.83%**
* Daily RSI: 40.5 → short-term weakness
* Weekly RSI: 71.5 → overbought but falling
* Call/Put Ratio: 1.00 → neutral sentiment
* VIX: 15.49 → favorable for options (low premiums)
---
## 🎯 Trade Setup (Naked Put)
* **Instrument**: RBLX
* **Direction**: PUT (SHORT)
* **Strike**: \$107.00
* **Expiry**: 2025-08-22
* **Entry Price**: \$0.85 (range: 0.85–0.95)
* **Profit Target**: \$1.80 (\~100% gain)
* **Stop Loss**: \$0.45 (50%)
* **Size**: 1 contract
* **Confidence**: 68% (bearish momentum tempered by mixed signals)
* **Entry Timing**: Market Open Monday
---
## 📈 Breakeven @ Expiry
👉 \$106.15 (Strike – Premium)
RBLX must **close < \$106.15 by 8/22** to finish ITM.
Plan: exit early on volatility or momentum spike to secure gains.
---
## 🧠 Key Risks
* Oversold bounces from bullish news 📰
* Low VIX → smaller premiums, potential whipsaw
* Mixed market signals → use cautious sizing ⚠️
---
# ⚡ RBLX 107P WEEKLY PLAY ⚡
🎯 In: \$0.85 → Out: \$1.80
🛑 Stop: \$0.45
📅 Exp: 8/22
📈 Bias: Bearish, but trade carefully around news & volatility
---
📊 **TRADE DETAILS JSON**
```json
{
"instrument": "RBLX",
"direction": "put",
"strike": 107.0,
"expiry": "2025-08-22",
"confidence": 0.68,
"profit_target": 1.80,
"stop_loss": 0.45,
"size": 1,
"entry_price": 0.85,
"entry_timing": "open",
"signal_publish_time": "2025-08-18 09:30:41 UTC-04:00"
}
```
