Selling the $280 5/13 Puts... Shouldn't cross $287 by then tho

11 thg 5, 2020

I'm going to start posting my 2-day spreads on here... I don't think it'll cross $287 by the 5/13 expiration, but to play it safe (because we're not greedy) I'm selling the $280 strike. This is a bullish play because there are a ton of retracement levels below our current price.

Note: Market trend is looking very bullish at the moment, but equities are overvalued and we're still not out of the woods with COVID.