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Income Trade on Bullish Semiconductor 7-27-18

by Dan Gibby | Jul 27, 2018 | MasterTrader Advisory Letter

NEW TRADE IDEA:

7/27: LRCX – Consider shorting Aug (8/17) $170/150 bull put credit spread (21 DTE) for current mid-point of $.60/share. Pro Gap breakout and +WRB on earnings from multi-week consolidation of support daily. Stop $170.43.

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