4/5: FB – Consider shorting Apr (4/6) $155/150 bull put credit spread for $.33/share (1 DTE), income trade with 97% IVR with high fear. Pullback and Bottoming Tail after Bull Gap from 2x bottom on the daily chart. No stop for now.
by Dan Gibby | Apr 5, 2018 | Past Weekly Options Letters
4/5: FB – Consider shorting Apr (4/6) $155/150 bull put credit spread for $.33/share (1 DTE), income trade with 97% IVR with high fear. Pullback and Bottoming Tail after Bull Gap from 2x bottom on the daily chart. No stop for now.
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