EXPE was rejected from its longer term descending trend-line, additionally breaking it shorter term ascending trend-line (blue dotted line).
With a current IV Percentile of 39% I am more in favor of buying a one in the money, one out of the money put debit spread with 54 days until expiration. For every 1 lot the risk reward is near 50/50.
With a current IV Percentile of 39% I am more in favor of buying a one in the money, one out of the money put debit spread with 54 days until expiration. For every 1 lot the risk reward is near 50/50.
