BUB- Buying Jul16, 130 Put (Short)
BUD- Buying Option Put (Short)
Trade Logic: Head & shoulder, Money flow divergence & volume is drying up
Closing bottom half of the range & rejecting the resistance.
We are considering Only Option trade as huge risk involved with the Brexit Vote, Stock will exposes us to higher risk.
Option: Jul16 130 put, currently $4.40
You can check our detailed analysis on BUD in the trading room link here-
Trade Suggestion Date: 22/6/2016
Trading Room - Executive summery link:
Time Span: 6:15”
Trade Open: 22/6/2016
Trade Logic: Head & shoulder, Money flow divergence & volume is drying up
Closing bottom half of the range & rejecting the resistance.
We are considering Only Option trade as huge risk involved with the Brexit Vote, Stock will exposes us to higher risk.
Option: Jul16 130 put, currently $4.40
You can check our detailed analysis on BUD in the trading room link here-
Trade Suggestion Date: 22/6/2016
Trading Room - Executive summery link:
Time Span: 6:15”
Trade Open: 22/6/2016
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