MomentumOptions.com Trade Alert (XLK) for 5/18/2020
I have a Trade Alert given today’s market strength.
Technology Select Spiders (XLK, $96.04, up $2.57)
XLK June 85 puts (XLK200619P00085000, $0.85, down $0.60)
Entry Price: $1.75 (5/13/2020)
Exit Target: $3.50
Stop Target: $1.00
Action: Close the trade at current levels to save the remaining premium.