Yesterday we sent a text message to subscribers of the Weekly Options Trader stating that experienced option traders could sell puts/spreads on TLRY based on the breakout on this 15-Min. chart as an income trade. I sold far OTM $85 naked puts on TLRY that expired in one day.
Watch the video below to see us analyze it in real-time the opportunity in the Green Trading Room!
Here is how TLRY closed and still looks higher:
Here are two more in the sector we are watching for long entry and will advise when they set up.
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Managing Director of Master Trader
Trading the Pristine Method — Origin and End
Chief Options Strategist
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