$SPOT Option Play of Week | Bullish

By DotcomJack
Updated
Spoify (SPOT) Technical Analysis & Option Coverage

Spotify brings real-time lyrics to 26 countries, not including the US

The Play:
- Short-term:
Estimated Time: 11 Days Max
SPOT $270 Call @ $235 per contract
or
SPOT $270 Call @ $610 (more time)
- Long-term:
Estimated Time: 3 weeks
SPOT $300 Call 7/24 @ $480 per contract


Let's keep this one short & sweet


DotcomJack
Do not trade this, this is not financial advice.
Comment
Favorite play of the week fasho fasho
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snapshot
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snapshot
Painting a flag into close, should open to a bag tomorrow.
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snapshot

Opened to a bag as expected. Everyone inside the channel that took this play made $350+ instantly overnight.
Comment
SPOT $270 Call 7/10
- $235 to $820 per contract = 390%

SPOT $300 Call 7/24
- $480 to $600 per contract = 37%
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Damn these levels actually hit decent
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DotcomJack

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