$ILMN gapped down provided nice opportunity

10 Jan 2023

ILMN gapped down

Jan 20 190 P were selling for $7.3+ on gap down
Risk reward worth, took stab

#stocks #options
-
Up 50% in a few minutes

But will hold ILMN Puts, believe it goes higher
Gap @ 204

On the chance we get put, doubt it, but in the chance, it's in a channel 180 - 240
-
Daily in a nice channel