NEW TRADE IDEA:
New Master Trader Bull Put Credit Spread on TWLO based on price action below.
Reminder, please read the value-added documents at the bottom of your member area.
Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income.
9/4: TWLO – Consider shorting Sep (9/7) $79/75 bull put credit spread (3 DTE) around current mid-point of $.38/share. Gap Breakout from bullish consolidation on support and r20-MA on the daily, relative strength to market weakness. Stop Loss: $79.38.
