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Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » Stock Market » Nordstrom, Inc. (JWN)

Nordstrom, Inc. (JWN)

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1Nordstrom, Inc. (JWN) Empty Nordstrom, Inc. (JWN) Mon Feb 27, 2017 12:07 am

Yuri

Yuri
Moderator

Nordstrom, Inc. (JWN), $46.46.
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Trade:   Over $47.05, we recommend selling 10 Mar $42.5/37.5 bull put spread (18 DTE) at mid-point (closed at $.35/share).
Strategy:   Breakout on Increased Volume after oversold daily and weekly charts.

Max Gain:   Credit received.
Max Loss:  $5.00/ spread width less credit received.
Stop Loss:  $42.18.

source: mastertrader

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