FL Lower Weds
When looking at FL set up for a down day Wednesday-just hope it does not gap down
Will open 10 $34 SEP 6 PUT with limit of .65
Looking for drop to of between $29-$31 over next 6 trading days.
Decent divergence for EOD trading and generally leads me to believe will "Catch-Up" in the AM. Also, while not a very clear or perfect Pennant, Pennant shape forming up for move lower
See how it plays out.
Will open 10 $34 SEP 6 PUT with limit of .65
Looking for drop to of between $29-$31 over next 6 trading days.
Decent divergence for EOD trading and generally leads me to believe will "Catch-Up" in the AM. Also, while not a very clear or perfect Pennant, Pennant shape forming up for move lower
See how it plays out.
Note
And no I’m not worried about the pre-market up $.47.... on 28 sharesNote
Opened 5 SEP 6 $33.50 PUTS @ .31
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.