Events
Blog
The Travelers Companies, Inc. (TRV), $118.78.
daily chart
[You must be registered and logged in to see this image.]
Trade: We recommend selling 10 Mar $115/110 bull put spread (36 DTE) at around $.67/share or better (closing mid-point was .67).
Strategy: Breakout with major support at $116 level on daily and weekly charts.
Max Gain: Credit received of $670.
Max Loss: Cost basis will be $114.33/share if assigned.
Stop Loss: $115.88.
source: mastertrader