Top Watch for Calls are FB & PYPL nearing key technical levels, hoping the selloff can continue & speed up in velocity with clear signs of extended range & volume exhaustion.

200.94 is a Key Fibonacci level on FB 50% retracement from all time lows to all time highs, would like to see the 200 psychological level wash out however & gap fill in the 194.19 area... 188-180 is a high vol. area    will look to play Call Swings for 20-40 days out expiration around each of these levels with tight stops, will be light on the weeklies for initial FGD & try to ride a multiday turn on the 20+days out  

PYPL:   105 first key volume level & 100 magnet, a wash out to 94.77 is of high interest to me, 89.95 Key Fibonacci 78.6% retracement from ATL to ATH, 88.8 area starts the high volume-profile.. also will play weeklies light for FGD turn & be heavier in 20-40 days exp, doesn't mean I'll hold for more than a few days but I like buying time for higher odds & easier to size into without emotions involved

Will be patient for Key lvls & monitoring SPY action which has to agree 

Puts plays: IF SPY stays heavy my main focus is AAPL AMZN on g/r moves risking day's highs for some selloff, these are harder to play but have been working well for me last few days, next week exp for scalps

 

on Watch: AFRM ROKU SHOP, would love to see these speed up in range as well for potential bounce days