- Number of messages : 636
Points : 4175
Date of Entry : 2013-01-29
Year : 50
Residence Country : Beograd
on Tue Feb 21, 2017 2:15 pm
SPDR ETF (XLU), $49.57
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Trade: Over $49.72, we recommend selling 10 Apr $48/45 put spread (46 DTE) for a net credit at mid-point or better.
Strategy: Breakout daily, weekly, and monthly charts.
Max Gain: Credit received.
Max Loss: Cost basis will be short strike less premium received if assigned.
Stop Loss: $47.88
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