### Comment:
I went with a few $81 puts for late July today. Don't think the stock will tank but i think it is overbought right now because of the hype behind it. $82 is previous support and I think it will take a more significant catalyst for it to go past it.

### REPLY:
I bought puts as well for the same reason. The last time SQ went well above the current RSI was back in Sept 2018 before the market mess.

### END.