I'm trying a new strategy,
2 week trade. Sept 27 exp. Cost $1.89
108/103 Put Spread
Profit target is $217.70, Cost to cover is $122.85
2.31% of Capital. Good position.
Only downside is it could bounce as its not a bounce off the trend-line so its more risky in that manner however it could continue lower.
2 week trade. Sept 27 exp. Cost $1.89
108/103 Put Spread
Profit target is $217.70, Cost to cover is $122.85
2.31% of Capital. Good position.
Only downside is it could bounce as its not a bounce off the trend-line so its more risky in that manner however it could continue lower.