ESS Put Spread

Synaptic724 Updated   
NYSE:ESS   Essex Property Trust, Inc.
290/280 September 20th Exp Price was 3.32 max gain is 6.68

Short spread the chart looked nice and rsi looked like it was weakening, OBV isn't the best however its possible REIT companies may get overreaction in earnings and sell off.

We'll have to wait and see.

Max loss is $1.8 Max gain will be 5.4

Low-Medium Risk, High reward.
Trade closed: stop reached:
$167 loss, earnings were good and it may continue higher.

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