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Quantamental
Oct 16, 2019 3:24 PM

KO - Weekly Mean Reversion - Bull Put Credit Spread. Long

Coca-Cola Company (The)NYSE

Description

High Vol, High ROE Stock.

W RSI <25 & PA consolidating around 53

Looking for Reversal to Mean higher.
Taking 52.50/50 Bull Put Spread.
Also picked up 55 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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