Well SPG is testing it’s lower Bollinger bands. It’s getting hit hard on earnings and is having its second day of followthrough to the downside.
| IWO Premium Order Ticket | ||||
| Type | Asset | Duration | Strike | C/P |
|---|---|---|---|---|
| STO | SPG | 16 Dec 16 | 170 | Put |
| BTO | SPG | 16 Dec 16 | 165 | Put |
| Total Credit: | 0.75 | |||
Add to the trade at .90 and 1.20
