KO - Weekly Mean Reversion - Bull Put Credit Spread.
High Vol, High ROE Stock.
W RSI <25 & PA consolidating around 53
Looking for Reversal to Mean higher.
Taking 52.50/50 Bull Put Spread.
Also picked up 55 Call for Directional Bias Higher.
Nov Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK
W RSI <25 & PA consolidating around 53
Looking for Reversal to Mean higher.
Taking 52.50/50 Bull Put Spread.
Also picked up 55 Call for Directional Bias Higher.
Nov Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK