Strong stocks

Quote from hajimow:

ADI ..hod at 30.25.
I am buying back my naked PUTs 30 sold at 1.6 the other day at 0.7. I believe ADI will dip below 30 again. temp overbought.

As I predicted it dropped. Now the trade idea is seling straddle 30 June (sell both Call and PUT 30 June for the credit of $1.65.
 
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