Unofficial New Trade
Unofficial New Trade Hello Smart Option Sellers! Happy Friday! How about a new trade (unofficial)? As we wait for new put-sell trades to show themselves, here's an unofficial one to consider. I like to offer these unofficial trades from time to time as an added bonus to my wonderful members. Typically these trades will fall outside the parameters of what I look for in an ideal put-sell, but still worthy of a good look. In this case, the only thing holding me back from making it official is the stock's price. Caterpillar (CAT) One of the bluest of the blue chips - CAT. Currently, CAT is trading at $141 per share and sitting on a strong weekly support area (as well as $140 being a solid daily support area). Take a look at the chart below.