NOTE: CANCEL TRADE SINCE WE ARE GETTING CONFLICTING INFORMATION OF WHETHER EARNINGS ARE 11/7 OR 11/14 AND WE DON’T HOLD INCOME TRADES OVER EARNINGS.
New Bull Put Credit Spread Income Idea on MNST 11-1-18
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.
NEW TRADE IDEA: 11/1: MNST – Consider shorting Nov (11/9) $50/46.5 bull put credit spread (8 DTE) for a limit of $.41/share (current mid-point of $.45/share). Bullish Reverse Head and Shoulder Breakout hourly, Breakout from consolidation daily after Breakdown Failure. Stop Loss: $50.48.
