**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.
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 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