5/2: HD – Consider shorting May (5/11) $180/175 bull put credit spread for current mid-point of $.47/share (9 DTE). Bullish pullback into +WRB Breakout daily, bullish multi-year consolidation weekly. Stop Loss: $181.28.
by Dan Gibby | May 2, 2018 | Past Weekly Options Letters
5/2: HD – Consider shorting May (5/11) $180/175 bull put credit spread for current mid-point of $.47/share (9 DTE). Bullish pullback into +WRB Breakout daily, bullish multi-year consolidation weekly. Stop Loss: $181.28.
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