Purchasing CVS Puts with 12 Mar exp Short

CVS Health CorporationNYSE

Description

⋅ Feb 25, 2021 5:48 PM

Price appears to have been rejected between $71 and $70. Therefore, I am expecting price to break lower through the most current support and fall to the next support around $68 and $67.

Trade closed manually

⋅ Feb 26, 2021 3:57 PM

I closed these contracts and took profit.