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Reallifetrading
Jul 11, 2016 3:38 PM

OZRK put sale Long

Description

Earnings were today. Looks like a double bottom on the daily. Today is a retest gap. This financial stock is in a buy low / sell high. So, just in case you like the company or WANT to own shares, $35 and $30 put sales for AUG both have decent prem.

If you're looking to play a bullish swing look to buy the dip this week on the hourly.
Otherwise, longer term swing or buy and hold down here with good R:R make sense also. Just follow your plan.
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