Trade Ideas
UOA PRO New Trade Idea VTRS 8-11
6,700 15January 15 puts bought for 0.90 above open interest of 974 contracts; 7,703 21August 17 puts sold for 0.79 below open interest of 8,269 contracts. Stock 16.27.
New Trade Idea
Ticker: VTRS
Stock: 16.30
Trigger: 16.13
Targets/Resistance: 15.74, 15.22, 14.18
Expiration Date: 18SEP
UOA: 6,700 15January 15 puts bought for 0.90 above open interest of 974 contracts; 7,703 21August 17 puts sold for 0.79 below open interest of 8,269 contracts. Stock 16.27.
VTRS $16.24 Last.
Large now Jan. set put roll down. Stock is at risk of breaking the trend which could start more retracement. This is a counter trend idea so treat accordingly!
Trigger: $16.13.
Strategy 1: Consider the VTRS 18Sept. 17.00 puts for $1.15 projected at trigger level today.
Targets: 15.74 (100 SMA currently), 15.22 (150 SMA currently), 14.18 (200 SMA currently)