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Nice doubletop and downside divergence on XLP daily charts

doubletop macd macd divergence options trader startegy options trading strategy Oct 22, 2019
 
Nice doubletop and downside divergence on XLP daily charts picked up some Oct 11 60.5 puts for 21 c MACD says price sb around $60 or below. Oct 1 bid/ask spread .27 .28 so looking good so far. Oct 2 looks like this has hit a bottom and bouncing some, im exiting at .57c 250% gain. gotta love options.
 
 

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