New Bull Put Credit Spread Idea on PLCE 10-29-18

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

NEW TRADE IDEA:   10/29:  PLCE – Consider shorting Nov (11/16) $127/120 bull put credit spread for $.50/share (18 DTE).  Breakout all time frames on the daily, relative strength, short strike far OTM.  Stop Loss:  $130.98.