With LRCX gapping over $190 pre-market, we will be monitoring for a Bull Put Credit Spread (BPS).

 

Same with UPS on the heels of +Gap from earnings from FDX:

 

Happy trading!  If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com

All the best,

Greg Capra
Managing Director of Master Trader
Pristine’s Founder and Creator of the Pristine Method

Dan Gibby
Chief Options Strategist

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