No brainer here... A WSB Reddit Meme stock has seen a rather rapid rise. As these retail investors exit there positions locking in gains the selling pressure will only accelerate.
If you look for just outside the Money...the 10 Put is very attractive and can/will has already turned a quick easy gain/
If you are feeling a little more Froggy then the 7.50 Put at 0.07 cents has probably the largest potential upside, but doesnt come with out risk. As the saying the goes, scared money don't make money. So it depending on your risk tolerance, trade accordingly, and keep an eye out on it.
I am not a financial advisor. This is not financial advise. Please do you own Homework and DD.
GTLA
If you look for just outside the Money...the 10 Put is very attractive and can/will has already turned a quick easy gain/
If you are feeling a little more Froggy then the 7.50 Put at 0.07 cents has probably the largest potential upside, but doesnt come with out risk. As the saying the goes, scared money don't make money. So it depending on your risk tolerance, trade accordingly, and keep an eye out on it.
I am not a financial advisor. This is not financial advise. Please do you own Homework and DD.
GTLA