Trade Alert: LMT and MRNA

**CORRECTION: The previous alert had an MRNA 1150 put for a strike price.  That has been fixed below.

With volatility low, most sectors showing that they are overbought, and the market being bullish – we weren’t able to find many stocks that have traded an ATR lower. So, we improvised.

TRADE OPEN
Lockheed Martin (LMT)

TRADE ACTION: open a new credit spread for a credit of around 1.00 (don’t take less than 1.00)
STO 21 JUL 440 put
BTO 21 JUL 435 put

GTC Order to Close: 0.50

TRADE OPEN
Moderna (MRNA)

TRADE ACTION: open a new credit spread for a credit of around 1.30 – 1.35
STO 21 JUL 120 put
BTO 21 JUL 115 put

GTC order to Close: 0.65