NEW TRADE IDEA:
New Master Trader Bull Put Credit Spread on AAPL based on price action below.
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.
9/20: AAPL – Consider shorting Sep (9/21) $220/215 bull put credit spread (1 DTE) around current mid-point of $.65/share. Breakout hourly after Bottoming Tail near Major Support daily, markets strong. Nice premium and $2 OTM, income trade. Stop Loss: None for now, if expires ITM, will roll.
