- Number of messages : 509
Points : 3195
Date of Entry : 2015-06-28
Year : 36
Residence Country : Russia
Tue Feb 14, 2017 2:44 pm
CSX Corporation (CSX), $47.91
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Trade: Under $47.40, we recommend selling 10 Mar 50/55 bear call spread (31 DTE) at mid-point credit (current closing mid-point is $.67/share).
Strategy: Double Top daily with climactic sell setup on the monthly chart.
Max Gain: Premium received.
ROI: Premium received/($5.00 spread less premium).
Max Loss: Cost basis of $50.00 plus premium received.
Stop Loss: $50.12.
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