NEW TRADE IDEA:

Bear Call Credit Spread Idea on ORLY

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Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income.

10/4: ORLY – Consider shorting Oct (10/19) $350/360 bear call credit spread (15 DTE) for $1.20 – 1.30/share. -WRB Breakdown from huge 2x top daily and weekly, extended monthly.  Stop Loss $350.22.