Oil and Gas Sector Strong 7-30-18

NEW TRADE IDEA: 7/30: PXD – Consider shorting Aug (8/3) $185/180 bull put credit spread (5 DTE) for $.50/share.  Bullish gap breakout from consolidation daily, bullish weekly and monthly, bullish sector.  Stop Loss:   $185.38.

Master Trader Weekly Options Trader for 7-30-18

Below is a daily chart of RH (RH).     Trade:  Over $142.80, consider shorting Aug (8/3) $134/124 bull put credit spread (5 DTE) for mid-point but limit of $1.00/share (closed at $1.40/share). Technical Setup:   Bullish consolidation daily and weekly...