BBY May 8 MACD divergence down and double top.

Uncategorized May 10, 2019

May 8, the topping pattern on BBY has a strong MACD divergence to the downside. The indicator shows prices should be at level $71.70. The May BBY $72 puts expiring May 10 were around $0.75 on May 8, trading May 10 at $2.85 or if you'd bought the May BBY $72 puts expiring May 17 they were around $0.75 May 8 and May 13 were at $4.80. Consider trading the OTM options under .10 cents

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