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October 6, 2016 at 9:36 am
#7084
Steven Place
Keymaster
So we saw a gap up that led to more selling and this morning we’re seeing a gap down. This feels like an exhaustion gap so this is a good place to initiate a position.
IWO Premium Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
STO | GLD | 18 Nov 16 | 116 | Put |
BTO | GLD | 18 Nov 16 | 113 | Put |
Total Credit: | 0.55 |
Will add to the trade at 0.70 and 1.00