Clorox (CLX) Update on trade
On 9/19 I shared a CLX trade requested by a long-time member. It was a credit put spread via November or October 110/105. The trade now is near max gains and can be booked for profit. I don't like to leave cheap risk open with so much time on the clock especially near all time high market levels.
Technically, although it bounced well, I don't like the fact that it's still stuck skirting the lower end of 2 channels. Better be safe than sorry.
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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member
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