Below is a daily chart of Twitter, Inc. (TWTR).
Trade: Consider shorting Jan (1/19) $24.5 naked Puts (7 DTE) for around current mid-point $.22/share.
Technical Setup: Bullish Gap Breakout from multi-week consolidation daily, bullish weekly and monthly.
Option Strategy: Short Puts (SP).
Stop Loss: None.
All the best,
Managing Director of Master Trader
Pristine’s Founder and Creator of the Pristine Method
Chief Options Strategist
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