NEW TRADING IDEA:
8/2: SMH – Consider shorting Aug (8/10) $105.5/101.5 bull put credit spread (7 DTE) for $.42/share. Bullish +123 on support daily if closed here, breakout hourly. Stop Loss: $105.98.
by Dan Gibby | Aug 3, 2018 | Past Weekly Options Letters
NEW TRADING IDEA:
8/2: SMH – Consider shorting Aug (8/10) $105.5/101.5 bull put credit spread (7 DTE) for $.42/share. Bullish +123 on support daily if closed here, breakout hourly. Stop Loss: $105.98.
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