Looks to respect the channel
Just gonna play a bearish put spread of some sort
Broad market somewhat weak
Options markets are wide in this stock and therefore suck, but i think it's worth the fight to get filled.
I'm long the April 290 puts and will sell another strike against those before end of day to leg a debit spread of some sort... not sure what yet.
Depends on whether I'm +\- by end of day because if it were to drop enough today i'll just take it off
Worst case scenario it breaks above the channel in a dramatic way and I'll have to address that
Just gonna play a bearish put spread of some sort
Broad market somewhat weak
Options markets are wide in this stock and therefore suck, but i think it's worth the fight to get filled.
I'm long the April 290 puts and will sell another strike against those before end of day to leg a debit spread of some sort... not sure what yet.
Depends on whether I'm +\- by end of day because if it were to drop enough today i'll just take it off
Worst case scenario it breaks above the channel in a dramatic way and I'll have to address that
Comment:
all closed around open, filling spreads in HD is like pulling teeth, options lack liquidity
Hope i don't regret not closing it outright
So now i'm long the April 290s and short the weekly 290s puts