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simplenothing
Jan 8, 2021 5:59 PM

CAT pullback to 20ma Short

Caterpillar, Inc.NYSE

Description

CAT - expecting pullback to 20ma next week.

My trade is a 185/180/175 put butterfly + I sold a 200/205 vertical call spread to pay for it. Net paid is a .04 cent credit. So as long as it stays below 200 next week should be okay.

Trade closed manually

I should have sold this yesterday... or adjusted it. Took the loss this morning as it moved near 200
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