Sea Limited

Nice floor on SE here - good hedged play opportunity

279
This floor on SE has been the exact bounce spot for the last few months. Has always found a way to bounce to 40-45.

This kind of play I wouldn't touch without a short term hedge (so, put) because if it breaches the floor, it'll see new lows. Why wouldn't you want to bank on the way down too if you're wrong?

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