Re: The Dow Chemical Company (DOW)

on Tue Feb 21, 2017 2:21 pm

The Dow Chemical Company (DOW), $61.26
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Trade: We recommend selling 10 April $57.5/52.5 bull put spread (56 DTE) at mid-point prices or better after ten minutes after open to let the option spreads tighten.
Strategy: Pull back in uptrend with bullish weekly and monthly charts.

Max Gain: Credit received.
Max Loss: Cost basis will be short strike less premium if assigned.
Stop Loss: $59.98.

source:mastertrader

on Mon Feb 06, 2017 3:15 pm

The Dow Chemical Company (DOW), $60.21

daily chart
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Trade: We recommend selling 10 Mar (3/24 weekly) $56 puts (45 DTE) at $.46/share or better.
Strategy: Pull back after breakout on daily and weekly charts and uptrend following breakout on monthly chart.

Max Gain: Credit received of $460.
Max Loss: Cost basis will be $55.54/share if assigned.

Stop Loss: $56.68.

source: mastertrader