Quantamental

EEM - Bull Put Credit Spread

Long
AMEX:EEM   iShares MSCI Emerging Index Fund
PA sell off last few days to Mid BB%
Daily RSI Oversold
Found S&R at 42.50. Looking for consolidation and then reversal to mean back higher.
Aiming for 42.50/42 Put Credit & 43 Call option for Directional bias higher.
Exp Aug 16 but selling to close in Profit well before that.!

Good Luck - Watch YOUR RISK.
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