WCN seems to be trending lower and lower,

Target is $85.

$133 max loss and $3.67 max gain.

Spread is 5 points 90/85 EXP October 18th

My only problem with this trade is the duration of it even though its 45 days I believe the move may take less time to happen.

Profit target is $183.5 max loss is $80

Possible loss if bullish is if the bottom holds and support stays intact while moving up toward $95.

Bearish idea is that this support will break due to sentiments in core market and it will trend down to $85 which isn't that far of a target.

So, if I understand you correctly: this is a long put spread (bearish assumption), meaning you have bought the 85 put and sold the 90 put?
Synaptic724 eirik.kaasa
@eirik.kaasa, Bought the 90 sold the 85 expecting a move downward if I had sold the 90 and bought the 85 that would have been a put bull spread which is a credit spread.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out