Add PRU Puts
Playing More Financial Downside
PLAY: Buy the PRU September 50 Puts (PWQ UJ) at or under $2.30, good for the day. Place a protective stop limit at $1.30 and a sniper sell at $4.00.
Dear Bottarelli Research Member,
I’ll keep this short and sweet. For the last few days, I’ve carefully monitored the action in Prudential Financial (PRU – NYSE). And today, I feel it’s time to jump into the puts. As you can see, the stock is finally showing weakness that could extend throughout the week. Let’s get positioned to profit off this fall now!
PLAY: Buy the PRU September 50 Puts (PWQ UJ) at or under $2.30, good for the day. Place a protective stop limit at $1.30 and a sniper sell at $4.00.
And as always…
Lock and load!
Sincerely,
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