NEW TRADE IDEA:

New Bull Put Credit Spread Idea on NSC

Reminder, please read the value-added documents at the bottom of your member area.

Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income.

10/5: NSC – Over $184.07, consider shorting Oct (10/12) $180/175 bull put credit spread (7 DTE) for mid-point (currently $.50/share).   Breakout from consolidation above r20-MA on the daily, bullish weekly and monthly.  Stop Loss:  $180.08.