- YuriModerator
- Number of messages : 509
Points : 3049
Date of Entry : 2015-06-28
Year : 35
Residence Country : Russia
ULTA Salon, Cosmetics & Fragrance, Inc. (ULTA)
Mon Jan 23, 2017 11:01 am
Daily chart of ULTA Salon, Cosmetics & Fragrance, Inc. (ULTA), $266.62.
[You must be registered and logged in to see this image.]
Trade: Over $268, we recommend selling 10 Feb $255/245 bull put spread (24 DTE) for a net credit of $1,050 or better (closed with mid-point of $1.15/share).
Strategy: Breakout from bullish consolidation on daily and weekly charts.
Max Gain: Credit Received.
Max Loss: Spread width less credit received, but would be less with stop posted.
Stop Loss: $258.98
source:mastertrader
Permissions in this forum:
You cannot reply to topics in this forum
|
|