Below is a daily chart of The Boeing Company (BA).
Trade: Consider shorting Sep (9/29) $260/265 bear call spread (5 DTE) for around current mid-point of $.60/share.
Technical Setup: Climactic Sell Setup (CSS) and Topping Tail daily.
Option Strategy: Bear Call Credit Spread (BCS).
Stop Loss: $259.52.
Below is a link to individual videos explaining in greater detail the definitions of the main option trading strategies used in the Master Trader Option Strategies Series for Investors and Active Traders to generate wealth and income.
Description of Master Trader Directional and Income Option Trades can be seen HERE
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All the best,
Greg Capra
Managing Director of Master Trader
Pristine’s Founder and Creator of the Pristine Method
Dan Gibby
Chief Options Strategist
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