AFRM violent bounce off support

17 янв. 2022 г.

AFRM has dropped 61% in 47 trading days, absolute capitulation but this is a gift from the trading gods if you are looking to start a position. Earnings coming on Feb 10th are probably going to blow expectations out of the water. Either way I expect this to creep back towards the $88-$90 range before earnings. Calendar call spread, Long leg 2/18 $85 calls for 3.48 a contract, short leg $85 call 1/28 for a credit of 0.85 call 1/28.