IBM Short Play
Price action this AM looked good, with IBM bouncing off ~$130.51 pivot along with a move up on the SPY; however, midday - the market turned sharply lower with IBM closing below the ~$130.51 pivot into a large window.
# Next target $116.69
# Short with Dec puts @ $125 and $120
# Next target $116.69
# Short with Dec puts @ $125 and $120
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