I like this set up a lot, based on the gap and R:R.
A few of my 'longer term traders' looking to buy the big dip on T. If it pulls into $38, great support there. A few other traders also with some put sales down in that area.
One could play with Nov puts? Or short shares <just verify when dividends are if you're shorting". Puts likely the way to go. Just keep in mind earnings.
A few of my 'longer term traders' looking to buy the big dip on T. If it pulls into $38, great support there. A few other traders also with some put sales down in that area.
One could play with Nov puts? Or short shares <just verify when dividends are if you're shorting". Puts likely the way to go. Just keep in mind earnings.
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