Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Jan 2 4:00 PM EST

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Winfastorlose

To: Blasher who wrote (124075)	5/17/2019 2:48:06 PM
From: Blasher	2 Recommendations Read Replies (2) of 221139

OK . . I just dipped my toes in for a, hopefully, short time trade: I bought PUT options on SBUX. I got a signal of mine that indicates an Up-move has gotten too extreme. So I am betting it goes Down for a little bit now. Again, to lighten the risk, i bought a spread: long 80 Puts and short 79 Puts. I paid $52 and the most i can get back is $100 .. per contract . . I bought 2: (baby steps) ...

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