1/22: PM – Consider shorting Jan (1/26) $106 naked puts (4 DTE) for a limit of $.60/share (currently $.40 x .51/share but extended intra-day with climactic sell setup hourly and starting to break down, if no fill, will watch/advise on entry when stabilizes). +WRB Breakout daily, huge W Formation weekly. Stop Loss: None, will roll if necessary to next week. Note: Earnings 2/8.
Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
All the best,
Greg Capra
Managing Director of Master Trader
Pristine’s Founder and Creator of the Pristine Method
Dan Gibby
Chief Options Strategist
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