I’m looking to enter the 135/140 bear call spread if PPG trades lower then 134.48. The stock looks weak and is up against resistance.
Trade Details
- The Ticker: ppg
- Cost: $2.15 net credit per share
- The Trade
-
the trade is a bear call spread sell the 135 buy the 140 looking for a credit of 2.10 maybe a little more
- Trade Opened: February 28, 2013
Chart courtesy Finviz. Click to open larger.
UNH Due for a Correction in Option Trades (2 comments)
AMZN – Figuring Out Success in the Mobile-Driven Slow Growth Economy in Stocks and ETF Trades (1 comments)
Fade the dead cat bounce in Adtran in Option Trades (3 comments)
Long Home Builders (TOL) in Option Trades (2 comments)
Going Long the Japanese Yen – FXY in Option Trades (0 comments)
This is not investment advice. Learning Markets, LLC is not responsible for errors or omissions. Please be sure to read our disclaimer.
