Spotify (SPOT) shares are showing relative strength and forming a bull flag this month above all key moving averages and now coiling in a tight bollinger band squeeze looking poised to breakout to the 330 prior highs. SPOT has about a 13 point expected move in this weeks options which would bring it towards that 330 target strike. The 325 strike also holds a lot of open interest so it wouldn’t be a bad idea to scale out into that first target if things go well. Friday saw a large bull buying 450 January $330/$370 call spreads for $14.30.