I’m also watching ZM to bounce of the 200 d. But so far the volume isn’t cooperating. Zoom is here to stay.
looks like $ZM wants to push down to the 200ma. Price is slightly above my support area. Most likely this fly will be a wash, but I may re-enter with adjusted strikes.
The concept of return on capital on TIME is on my mind. Year after year I sell for a profit. Yet it’s always almost extremely too early, with my stock trending up for months on end, while I’m penny pinching reallocated profits to other extremely early triggers. So this year I said screw it, I’m not selling. I will only sell if the low gets taken out. But as long as I have a profit, I’m just going to hold. Unless the situation warrants it, I’ll liquidate. ^^^^ referring to my stock trades obvi
What’s amazing to me, is how much markets can be pumped up without a healthy correction. Idk, I love when prices are at bargain levels, I can’t really trade to my optimum level if the market keeps chugging upwards. And that’s a problem I need to solve.
Yes,very nice pop. I don’t do flys. The volume was just average today, didn’t convince me.but I didn’t act on my instincts.