SPG- Possible second entry, looking for $180 April puts

Kort

Simon Property Group, Inc. (NYSE:SPG)

NYSE:SPG Simon Property Group, Inc.

SPG short puts

spg short puts

We had a very good option trade with SPG & now it seems getting ready for another fall. It is breaking down from longer term upward channel & the target could be as low as 153

To trade this we would consider $180 April puts currently $11.85

You can check our detailed analysis on SPG in the trading room/ Executive summary link here-

Time Span: 5:45"
Trade Status: Pending

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