$XLU bullish credit spread for this #Friday

New bullish credit spread on XLU. Opened and moved above the $53 mark this morning. Looking for a higher low and mid 52s to confirm as support early this week.

Entry 53.05
Break even 53.21
Max profit 53.50
0.78:1 risk/reward
Beyond Technical AnalysisBullish PatternscreditcreditspreadTechnical IndicatorsLONGoptionsoptionstrategysectorTrend AnalysisutilitiesXLU

Aviso legal