NEW TRADE IDEA:
New Master Trader Short Stock Idea on SFLY 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: SFLY – Consider shorting stock under $69.63. -123 Breakdown if closed here daily after breakdown from bearish consolidation in downtrend under d20-MA, breakdown weekly, relative weakness to market. Stop Loss $73.52 for now.
