Trade Entry Feb. 21 Expiry - Put Credit Spread – 80/85 strikes – Trying for $3.00 credit. Lowest acceptable $2.80. Max risk $218. Max Gain $300. 62% POP
I will update if I get filled on this order. Better than 1:1 risk/reward and better than 60% probability of profit. Meets minimum requirement. Personal opinion - this is great REIT. Previous high over $140 is almost a 2x from here. Good opportunity.
Chart Details Bullish wedge price breakout. Bullish EMA cross on 1/6 and Bullish 10WeekMA price cross on 1/9. Next price targets in pink ($87 and $97). These are exits.
About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, MCD Bullish