$GME bull risk reversal idea

٨ سبتمبر ٢٠٢٢

GME in my opinion has a good R/R to the upside at this price level with price approaching good support and demand zone.

High Beta and due for a squeeze after this $45 to $23 downleg

I like the idea of OCT bull risk reversal - selling a put to fund calls - so I sold some OCT 23 puts and went long OCT 28 calls for .3 debit.

First PT $29