We had a very good option trade with SPG & now it seems getting ready for another fall. It is breaking down from longer term upward channel & the target could be as low as 153 To trade this we would consider $180 April puts currently $11.85 You can check our detailed analysis on SPG in the trading room/ Executive summary link here- www.youtube.com Time Span:...
SPG breaking down a upward channel & could not show upward strength recently. Also a lot of insider selling in the Retail REIT sector. We think it will break down now & our target is $182 On the option side we are looking for Jan2017 $210 put which trading for $10 You can check our detailed analysis on SPG in the trading room/ Executive summary link...