Two Different Setup Ideas in $LUMN 📈 🚀 #Shorts
Why It Matters
Traders can choose between low-cost, near-term options to leverage a specific upside target or buying shares to capitalize on a multi-week trend without theta decay, making position size and time horizon the key determinants of strategy. The setup suggests a clear tactical opportunity for both short-term speculators and longer-term investors if the bullish technicals hold.
Summary
The presenter identifies a bullish setup in LUMN driven by a recent squeeze, improving momentum, widening Bollinger Bands and a weekly bullish divergent bar targeting $11.29 by the end of next week. They outline two trade approaches: a short-term options play (e.g., next-week 10.50 call for about $0.37 or an in‑the‑money $9 call for higher delta) to capture the move, or a longer-term buy-and-hold in shares using a defined stop to avoid theta decay. The options examples illustrate risk/reward scenarios and ways to lower risk with spreads, while the longer-term case leans on the weekly true-low signal. Overall sentiment is bullish with room for further upside if momentum continues.
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