WING Put SpreadCost 1.89 Max loss is $123 Max gain is $200
Spread is 95/90 Put spread
Exp October 18,
looking like its breaking down from support and moving lower. It may hit $90. Since the market is rallying and this is dropping that's a decent indicator that its overweight.
This play is already active and this is not trade advice just my position being tracked on trading view.