- Number of messages : 509
Points : 3011
Date of Entry : 2015-06-28
Year : 35
Residence Country : Russia
on Mon Feb 13, 2017 7:38 pm
United Continental Holdings, Inc. (UAL), $72.60
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Trade: Under $71.00, we recommend selling 10 Mar 77.5/82.5 bear call spread (30 DTE) at mid-point credit (current mid-point is $.66/share).
Strategy: Break down from extended topping pattern daily and weekly charts.
Max Gain: Premium received.
ROI: Premium received/($5.00 spread less premium).
Max Loss: Cost basis of $77.50 plus premium received.
Stop Loss: $76.22.
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