$Upstart Holdings, Inc.(UPST)$

Starting to show weakness in price action last Friday. Some trade ideas to consider:

Since last Friday when it closed with a doji candle and retrace before hitting the peak, it has never tested the peak again this week so far. In fact, Tuesday candle showed sign of further retracement weakness short term.

Trade ideas: 

Sell put at strike of $330 for a premium of $1.55 (likely even juicier tonight when market opens), giving an unlevered yield of 0.46% for a period of 3 days. The Ema20 daily support at $330 should hold this week.

Sell call at strike of $405 for a premium of $2.25, giving an unlevered yield of 0.56% for a period of 3 days. Given that it has so far not tested the previous peak, likely to clear in the money by thisweek.