verticalized verticals
- Thread starter .sigma
- Start date
ZM - $337.32
Current IV%tile: 33%
Implied Vol: 65.2%
HV: 14%
ATR(7): $17.36
8 JAN 21: 75.35%(+/-24.38)
15 JAN 21: 70% (+/-34.7)
Zoom had an amazing run in 2020. Its around -40% from its October high and also at the gap level of Septembers huge earnings move up. Every time ZM sells off it quickly bounces back (+10%ish) and thats what I'm looking for here.
Price is currently oversold/extended. I'm looking for a reversion back ultimately to $410. But my target for spot at time will be $380 by Friday. If I don't see strength this week I'll wait and adjust my strikes for entry. I'll be eyeing the 8 JAN 21 or 15 JAN 21 360/380/400c @ 1.60 risk, but this is subject to change.
Cheers
Current IV%tile: 33%
Implied Vol: 65.2%
HV: 14%
ATR(7): $17.36
8 JAN 21: 75.35%(+/-24.38)
15 JAN 21: 70% (+/-34.7)
Zoom had an amazing run in 2020. Its around -40% from its October high and also at the gap level of Septembers huge earnings move up. Every time ZM sells off it quickly bounces back (+10%ish) and thats what I'm looking for here.
Price is currently oversold/extended. I'm looking for a reversion back ultimately to $410. But my target for spot at time will be $380 by Friday. If I don't see strength this week I'll wait and adjust my strikes for entry. I'll be eyeing the 8 JAN 21 or 15 JAN 21 360/380/400c @ 1.60 risk, but this is subject to change.
Cheers