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ABNB at 156.30
Chart:
I’m going to put on a call debit spread with 50 days until expiration:
Risk: 4.65
Reward: 5.35
POP: 48%
Risk Profile:
Order Ticket:
ABNB at 139.45
I’m going to stop out of this trade and let it set up again before taking a bullish stance. Looks like the squeeze hasnt fired yet but the momentum on the downside is starting to pick up. This one is down about 50% of premium paid.
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