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A low-risk options trade on this IT services stock that recently sold off

Pelican Press

By Pelican Press,
in World News

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Today, I’m diving into a trade setup that’s not only low-risk but also a great way to get hands-on experience with options — risking as little as $50 per trade. Okta recently experienced a steep 35% sell-off over just 22 days, despite beating both earnings and revenue estimates. The drop was triggered by a cautious forward

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, but this kind of sharp move looks like a classic overreaction.

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