NEW TRADE IDEA:

New Master Trader Bull Put Credit Spread Idea on ITW 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.

9/14:  ITW – Consider shorting Sep (9/28) $140/135 bull put credit spread (14 DTE) for current mid-point of $.50/share.  Breakout daily/weekly from bottoming pattern.  Stop Loss $140.48.