NYSE:WCN   WASTE CONNECTIONS INC (CA)
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?
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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.
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