Looking at the LOGI Logitech options chain today, i would buy the $40 puts with
2022-8-19 expiration date for about
$1.15 premium.
Looking forward to read your opinion about it.
Market finished full Elliot wave 1-5 and ABC correction, market has to fill the gaps it made going down so that is where are targets are.
Entry: 74 (Now because we just bounced off of an demand zone and 50% fib zone)
Target 1: 97 (First gap zone)
Target 2: 116 (Second gap zone)
Invalidation: 66 (Just below demand zone)
