Banking XLF Strong 5-22-18

5/22:  NTRS – Consider shorting June (6/15) $105/95 bull put credit spread (24 DTE) around current mid-point of $.78/share.  Bullish reverse head and shoulders daily close from consolidation above r20/50-MA, bank sector XLF strong.  Stop Loss:  $106.48....

Twitter Income Trade 5-22-18

5/21:  TWTR – Over $33.77 (hourly pivot), consider shorting June (6/15) $31/28 bull put credit spread (24 DTE) for a limit of $.35/share ( (closed at $.37/share).  Gap and bullish close from consolidation above 20/50-MA.  Stop Loss:  $31.02.     5/22:  NFLX...

GE Bottom ?

5/21:  GE – Consider shorting Jul (7/20) $15/12 bull put credit spread for $.43/share (60 DTE).  Gap Breakout daily/weekly, Climactic Buy Setup monthly.   No Stop Loss since we would not mind owning stock as core trade with improved cost basis.