I'm putting a put spread on WM since it seems to be in a downtrend even though its not strong it has hints of bearishness with divergences on RSI and OBV
Spread cost is $1.35 Exp Oct 18, 115/110
I'm trying a 3 week option instead because I'm testing it I seem to be hitting my targets sooner than later so this may become the norm if the tests work out.
$1.35 Cost/ Max profit is $1.825/$3.175 Cost as Sale
Max loss is $101 which is sold in the last week of option on monday the 14th if the option plan is a failure.
Spread cost is $1.35 Exp Oct 18, 115/110
I'm trying a 3 week option instead because I'm testing it I seem to be hitting my targets sooner than later so this may become the norm if the tests work out.
$1.35 Cost/ Max profit is $1.825/$3.175 Cost as Sale
Max loss is $101 which is sold in the last week of option on monday the 14th if the option plan is a failure.
Order storniert