NEW TRADE IDEAS:
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.
10/8: PYX – Consider shorting Oct (10/19) $22.5/25 bull put credit spread (11 DTE) around current mid-point of $.40/share. Gap Breakout daily/weekly. Stop Loss $22.50.
10/8: NTNX – Consider shorting Oct (10/19) $45/47.5 bear call credit spread (11 DTE) around current mid-point of $.50/share. Bearish consolidation after Bear Gap Breakdown daily and weekly. Stop Loss $44.82.
