IBM bull put spread

International Business Machines Corporation (NYSE:IBM)

Updated

NYSE:IBM International Business Machines Corporation

ibm creditspread bullputspread reallifetrading

Nov wk 2 142/141 Bull Put Spread .10 limit
(also, could try for .12. Very spready)

I won't worry about this spread unless IBM closes below the 200 SMA.
Could also leg into a BCS if it closes below the 10/18/16 candle or forms a bearish looking move.

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