NEW TRADE IDEA:
New Master Trader Bull Put Credit Spread on HD 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.
9/6: HD – Over $206.95, consider shorting Sep (9/14) $202.5/197.5 bull put credit spread (8 DTE) for a limit of $.43/share (currently $.45/share). +WRB Breakout daily/weekly. Stop Loss: $202.98.
