{"id":11007,"date":"2018-06-14T08:54:06","date_gmt":"2018-06-14T12:54:06","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=11007"},"modified":"2018-06-14T08:56:05","modified_gmt":"2018-06-14T12:56:05","slug":"proactive-spreads-june-14th-2018-nke","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-june-14th-2018-nke\/","title":{"rendered":"Full Time Profits, June 14th, 2018 &#8211; NKE"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-11008\" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b22640e335f5.png\" alt=\"\" width=\"712\" height=\"517\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b22640e335f5.png 712w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b22640e335f5-300x218.png 300w\" sizes=\"(max-width: 712px) 100vw, 712px\" \/><\/p>\n<p>The S&amp;P has jammed into the key level I&#8217;ve been watching for the past few months. Now we want to see the nature of the pullback.<\/p>\n<p>If we shoot higher without any kind of &#8220;cleanse,&#8221; then we want to start layering on call spread sales into 2830-2850.<\/p>\n<p>If there is a massive rejection and we somehow manage to lose 2700, then we&#8217;ll be looking for very, very deep pullback plays. I don&#8217;t expect thatto happen.<\/p>\n<p>My expectation here is that any correction will be shallow, sideways, and rotational. We will establish a small trading range to reset the price action and then move back above 2800. I want to look for strong stocks that are pulling back&#8230; because that trade has been a great trade and will continue to be so.<\/p>\n<h2 style=\"text-align: center;\">Trade #1: NKE<\/h2>\n<p id=\"nwKgcJp\"><img decoding=\"async\" loading=\"lazy\" width=\"692\" height=\"543\" class=\"size-full wp-image-11009 aligncenter\" src=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b2264ca47dad.png\" alt=\"\" srcset=\"https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b2264ca47dad.png 692w, https:\/\/trades.iwopremium.com\/wp-content\/uploads\/2018\/06\/img_5b2264ca47dad-300x235.png 300w\" sizes=\"(max-width: 692px) 100vw, 692px\" \/><\/p>\n<p>Looking for a pullback to the rising 20 day moving average (dark blue).<\/p>\n<p><strong>Trade Setup<\/strong><\/p>\n<p>Expected Price: 73<\/p>\n<p><strong>Sell to Open NKE Aug 67.50\/65 Put Spread<\/strong><\/p>\n<p>Tier 1: Enter at 0.38, Exit at 0.18<\/p>\n<p>Tier 2: Enter at 0.53, Exit at 0.23<\/p>\n<p>No Tier 3 &#8211; Earnings<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The S&amp;P has jammed into the key level I&#8217;ve been watching for the past few months. Now we want to see the nature of the pullback. If we shoot higher without any kind of &#8220;cleanse,&#8221; then we want to start layering on call spread sales into 2830-2850. If there is a massive rejection and we [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/11007"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=11007"}],"version-history":[{"count":3,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/11007\/revisions"}],"predecessor-version":[{"id":11012,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/11007\/revisions\/11012"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=11007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=11007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=11007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}