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Quantamental
Oct 3, 2019 7:37 PM

DIS - Bull Put Spread (Weekly) Long

Walt Disney Company (The)NYSE

Description

High Vol. High Beta Stock.

Weekly RSI <7 and Daily PA consolidating on 200 MA

Looking for Reversal to Mean higher.
Taking 125/120 Put Credit Spread.
Also picked up 130 Call for Directional Bias Higher.

Nov Exp but aiming to Close in profit well before that...

Good Luck - Watch your $$$ RISK
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