New Bull Put Credit Spread Income Idea on V 11-7-18

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

NEW TRADE IDEA:   11/7:  V – Consider shorting Nov (11/16) $138/130 bull put credit spread (9 DTE) for a limit of $.40/share.  Gap Breakout from multi-week trading range above r200-MA daily.  Stop Loss:  $137.98.