NEW TRADE IDEA:
New Master Trader Bull Put Credit Spread Idea on ACN 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.
9/10: ACN – Consider shorting Sep (9/21) $167.5/162.5 bull put credit spread (11 DTE) around current mid-point of $.54/share. Gap Breakout from bullish consolidation after new highs daily, bullish weekly and monthly. Stop Loss: $167.48.
