KO has hit the bottom of regression line, and bouncing off with slight bullish signal.
With that, Im going for a 60/59 Put spread, 27/12/2024 expiry, for at lest $0.20cr. Giving it time to turn bullish and tradtionally stock rally real hard going into the end of year and new year.
But with Trump at helm and Republicans having full control of the Senate and Congress, its hard to predict. So coming from a pure Technical analysis perspective.
@madluvyz - A specialist in using technical analysis for sell options strategy and swing trading.
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nice, let’s go bottom fishing!!