Thoughts on fastly after the big drop? Worth buying?

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It hasn't traded much below $73 since mid June - strong support around there. It bounced today above 73. If it breaks, could make a move into mid 60s

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Cloudfare is the better long term buy imo

Might sell some puts on fsly to get a lower entry

Waiting for $70

Long rem though - this should go over $100, no?

Selling weekly ATM puts seems like a solid plan with strong support at this price poibt, 4% return per week. Worst case scenario is a bad drop that lands you FSLY shares you overpaid $8 for. You can wheel calls in 3 weeks and close the gap. Definitely a strategy I can get behind.

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