$APP options are trading at $70 per contract for 600 calls expiring in March. The token took an 11% hit recently. Technically, a bounce would be expected after such a pullback, but the risk/reward setup doesn't feel compelling enough to jump in right now. Worth monitoring for a better entry point.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
ValidatorViking
· 11h ago
waiting for the real capitulation before i touch those calls. 11% pullback ain't enough to shake out the weak hands yet, honestly. seen this movie before.
Reply0
FantasyGuardian
· 11h ago
Waiting for a rebound isn't that simple; it feels like this wave of market movement still needs some more time to settle.
View OriginalReply0
GasBandit
· 11h ago
Wait, you want to wait for a rebound after an 11% drop? With the market so unpredictable, I wouldn't be surprised if it drops again suddenly...
View OriginalReply0
StrawberryIce
· 11h ago
Wait, you want to rebound after dropping 11%? Don't joke around. This market still looks like it's searching for a bottom.
View OriginalReply0
Deconstructionist
· 12h ago
Wait a moment, the probability of this rebound isn't high enough, so I still choose to wait and see...
$APP options are trading at $70 per contract for 600 calls expiring in March. The token took an 11% hit recently. Technically, a bounce would be expected after such a pullback, but the risk/reward setup doesn't feel compelling enough to jump in right now. Worth monitoring for a better entry point.