📢 My Stock Pick and Technical Analysis for Friday, October 25, is Now Live! 📈

I'm placing a CSP trade on a bullish stock for a 10.63% return in 28 days if the option expires worthless. If assigned, I'll acquire the stock at a 10.63 % discount and sell covered calls for income.

Strategy: Cash Secured Put

This is a bullish strategy with limited risk of $6,960.00 and limited potential reward of $740.00. This strategy will profit if the stock closes above $69.60 by Nov 22, 2024. There is a 62.74% probability this will happen.

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The full technical analysis of this trade including the strike price, and how to enter the trade is described in detail below.