goledger

Did $MELI just post a double bottom on weekly chart

Long
goledger Updated   
NASDAQ:MELI   MercadoLibre, Inc.
Could easily sell off more, but I opened a $80 March spread on Friday at $35.5 (44%).

Option execution somewhat expensive but I like the risk reward.

Wanted to add risk prior to upcoming earnings releases early February.

Also took long call positions in $OKTA, $NTNX and $GOOGL
Comment:
Spread $1120 - $1200

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