KellanovaPenjualan
K- Option play on earnings
K - Kellogg seems fallen down from a head & shoulder pattern, retested its support line & now breaking down to complete the formation.
We think it will decline to 70 area shortly, most-likely with the earnings on 1st November.
We like to play this opportunity with options. We would consider $70 March Puts ($2.30) & $72.50 January Puts (42.5)
We think it will decline to 70 area shortly, most-likely with the earnings on 1st November.
We like to play this opportunity with options. We would consider $70 March Puts ($2.30) & $72.50 January Puts (42.5)
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.