Travelers Companies, Inc. (TRV)

Fri Feb 10, 2017 2:53 pm

The Travelers Companies, Inc. (TRV), $118.78.

daily chart
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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