Bullish to neutral.
I placed this spread earlier today. This stock has been lagging yet bullish move is strong for now, this is the reason for a bull put spread, so I can use some of this bullish move, but also if it retraces I can still profit.
A lot of buying and selling today. If current trend continues we will touch oversold conditions soon and that could be the reversal of this correction. I will be keeping an eye on what happens at the support levels drawn, and trend line resistance, before deciding if I keep or sell my long position.
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Play leap calls..cheaper this way if you cannot own shares.
Marked the short term prices.
If a dumb, uneducated guy like me can read and trade then you...