Below is a daily chart of Square, Inc. (SQ).


Trade:  Over $41.20, consider shorting Jan (1/19) $39/36 Bull Put Credit Spread (9 DTE) for mid-point but minimum of $.31/share (currently at $.37/share).

Technical Setup:   Bullish consolidation and 3 Bottoming Tails after bullish breakout daily, bullish weekly and monthly.

Option Strategy:   Bull Put Credit Spread (BPS).

Stop Loss:  $39.21.


Happy trading!  If you have any questions or comments, please e-mail Greg Capra at or Dan Gibby at

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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