NEW TRADE IDEA:
New Master Trader Bull Put Credit Spread on MO 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.
9/5: MO – Consider shorting Sep (9/14) $59/56 bull put credit spread (9 DTE) for current mid-point $.45/share. Bullish +WRB from buy setup on r50-MA daily. Stop Loss: $58.92.
