Below is a daily chart of Molson Coors Brewing Company (TAP).
Trade: Consider shorting Oct (10/6) $81/79 bull put spread (4.5 DTE) for current mid-point of $.27/share.
Technical Setup: Climactic Buy Setup daily and stabilizing hourly chart.
Option Strategy: Bull Put Credit Spread (BPS).
Stop Loss: $80.98.
All the best,
Managing Director of Master Trader
Pristine’s Founder and Creator of the Pristine Method
Chief Options Strategist
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