4/4: MU – Consider shorting Apr (4/13) $48.5 naked puts for current bid of $.42/share (9 DTE). Bullish engulfing, negating bear gap, on r20-MA and Minor Support daily, bullish weekly with Bottoming Tail. Stop: $49.18.
by Dan Gibby | Apr 4, 2018 | Master Trader Advisory Letter Past
4/4: MU – Consider shorting Apr (4/13) $48.5 naked puts for current bid of $.42/share (9 DTE). Bullish engulfing, negating bear gap, on r20-MA and Minor Support daily, bullish weekly with Bottoming Tail. Stop: $49.18.
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