4/12: CVX – Consider shorting May (5/18) $110/100 bull put credit spread around current mid-point of $.78/share. Breakout from multi-month consolidation at r200-MA daily, bullish sector breakout. Stop Loss $110.48. Earnings 4/27 so beware of risk.
by Dan Gibby | Apr 12, 2018 | Hold for Review
4/12: CVX – Consider shorting May (5/18) $110/100 bull put credit spread around current mid-point of $.78/share. Breakout from multi-month consolidation at r200-MA daily, bullish sector breakout. Stop Loss $110.48. Earnings 4/27 so beware of risk.
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