Buying ZM put contracts.
ZM has been in a steady downtrend and is still valued above $53 billion with a questionable business model. Shares are likely to continue lower as investors move out of speculative growth stocks.
- Buy (to open) 6 ZM January 21st $200 Puts
- Limit $25.80 or less
- The new position will represent roughly 10.1% of our Spec Model capital
- 15:32 Executed
- Bot 6 ZM Jan 21st $200 Puts @ $24.30