Daily Chart
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Trade: Over $192.80, we recommend selling 10 Feb 185/175 bull put spread (22 DTE) for a net credit of $800 or better (current mid-point is $.84/share).
Strategy: Bullish consolidation from Bullish Wide Range Bar (+WRB) Igniting breakout from consolidation.
Max Gain: Premium received.
ROI: 8.7%, with 4.2% cushion to break even of $184.20.
Max Loss: Cost basis of $184.20 if assigned.
Stop Loss: $184.78
source: mastertrader