$SNAP falling wedge continuation

Looks like a good risk/reward play.

Long term support has held in a falling wedge after a run up from its March lows.

I will start scaling in to long term calls.

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I am using a PMCC strategy where I sell shorter dated calls against my far dated one. Will re-evaluate the position if the support range breaks.

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Was a great hold as its earnings blew it out the water.