Open Trade
CHRWShort Option
SteveDavidson

Entry comments: I bought the CHRW Feb 16, 2024 $80 put at 9:41 this morning at the top of a peak at $81.78 on the first red candle. News coming out is that Amazon is cutting into their delivery business by teaming up with Spotify & other online retailers to deliver their packages. There's also news of deteriorating earnings. There is significant resistance at $81 & this afternoon the price is holding at $80.28.

000
DatePrice
Entry10/30/20235.70
  • Total Views23
  • Position Size3
  • Option TypePUT
  • Strike
  • Expiration
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