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The Dow Chemical Company (DOW), $61.26
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Trade: We recommend selling 10 April $57.5/52.5 bull put spread (56 DTE) at mid-point prices or better after ten minutes after open to let the option spreads tighten.
Strategy: Pull back in uptrend with bullish weekly and monthly charts.
Max Gain: Credit received.
Max Loss: Cost basis will be short strike less premium if assigned.
Stop Loss: $59.98.
source:mastertrader
[You must be registered and logged in to see this image.]
Trade: We recommend selling 10 April $57.5/52.5 bull put spread (56 DTE) at mid-point prices or better after ten minutes after open to let the option spreads tighten.
Strategy: Pull back in uptrend with bullish weekly and monthly charts.
Max Gain: Credit received.
Max Loss: Cost basis will be short strike less premium if assigned.
Stop Loss: $59.98.
source:mastertrader
