4/23: LOW – Under $83.28, consider shorting May (5/18) $87.5/91 bear call credit spread for mid-point (currently $.46/share). Breakdown from multi-week bearish consolidation at 200-MA after Bear Pro Gap on 2/28 on Vol. daily. Stop Loss: $87.46.
by Dan Gibby | Apr 23, 2018 | Master Trader Advisory Letter Past
4/23: LOW – Under $83.28, consider shorting May (5/18) $87.5/91 bear call credit spread for mid-point (currently $.46/share). Breakdown from multi-week bearish consolidation at 200-MA after Bear Pro Gap on 2/28 on Vol. daily. Stop Loss: $87.46.
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