Yesterday I shared a breakdown here on META, focusing on how prior demand had failed and why continuation lower was on the table as long as price stayed weak.

    That exact plan continued to play out.

    I played the 650 puts yesterday from 1.50 to 3.50 and kept runners. Those runners hit 7.00 this morning.

    Nothing about this was random or reactive. The levels were mapped out ahead of time, the bias was defined, and each day the stock simply followed the script as long as demand failed to step back in.

    https://i.redd.it/av57cj8w3phg1.png

    Posted by ALPHAtradingpro

    1 Comment

    1. Brilliant. MSFT down 3% and NDX down 2%. Glazing beta returns on reddit. Let’s see your fills.

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