This Elliott Wave blog is dedicated to sharing Fibonacci ratios and other technical analysis for forex signals, index futures signals, options signals, and stock signals. Elliott Wave Principle puts forth that people move in predictive patterns, called waves. Identify the wave counts, and you can predict the market.
Thursday, June 16, 2016
Elliott Wave Options Signals - Closed MIDD at 72% Profit
Middleby (MIDD) dropped over 5% today putting me in a 72% profit in less than a day so I closed the position and skipped away into the horizon. Here is the trade summary.
Closed Jul 15 115/125 put vertical at $5.10 (bought at $2.96) for a 72% profit.
The original trade setup was in yesterday's post just below this post.
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PLEASE NOTE: THIS IS AN ELLIOTT WAVE BLOG EXPRESSING AN OPINION AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. TRADE AT YOUR OWN RISK.