Tuesday, January 29, 2019

UPS Possible Swing Top Update 5


We floated up a little bit into the narrow trading range we've been in for a few days. We'll probably stay in this range until the Earnings Report scheduled for 1/31/19 7am ET.

My April 95 Puts are still profitable by about $45 each. The conservative thing to do would be to sell them at the close today. But this setup is so beautifully bearish I decided to wait until tomorrow to sell, thinking it may head back down some.

No comments:

Post a Comment