Short

COO Put Spread

By Synaptic724
Cost of spread is $4.75 300/280 Exp Oct 18

Cost of spread is actually decent for the price.

Max loss is going to be $330 max gain is $1000

Earnings were poor so its been falling its consolidating at a lower point perhaps to move lower.
Chart PatternscooTechnical Indicatorsputspreadshort

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