I see an opportunity to buy an OTM call expiring on June 18, 2021 at the 57.5 when price comes into a demand zone at 56. I'm using ToS, which allows OCO brackets. Selling to close for a loss at 0.80 and will aim to Sell for profit anywhere above the breakeven at around 59.30.
bounce from long downfall we can buy long call, but IV is 60 currently at cmp 8.21 16 dec
buy call 30 176 days 4.00$
FB BUY CALL 280 dte:309 days sep17 iv% 36.9 cost:3766 $ cmp 278 SL: 274.7 tgt: 285