It’s a Collab!

Hey Shoppers,

It’s a collab!

You know when two greats partner up to create something even greater?

Like Supreme and Louis Vuitton  …

Adidas and Bathing Ape …

 

Gucci and Disney …

Well, maybe I am getting carried away, but I am super excited for my new collaboration with Mark Sebastian.

You see, we are taking the best of Big Money Flow and the best of Option Shopper and creating something even greater

Check it out here and be there Thursday at 7 p.m. ET when we unveil our collab!

But first …

I also have a chart analysis for you today.

MMMh

The chart in 3M (Ticker: MMM) shows that it has been trading in a range since it gapped down on Feb. 17:

The top of the range is $154.35 and the support is at $140. Yesterday it traded down and held that support for a fourth time.

I think MMM can trade back to at least the 50-day moving average $148.58 and possibly back up to the top of that range, $154.

If MMM opens and trades higher today, I would be a buyer of calls.

Thanks for Reading … See You Tomorrow Night!

Licia Leslie

 

 

Licia Leslie

Licia Leslie

Share This Article

About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

Popular Posts

Categories

Stay Updated

Subscribe to our newsletter for daily trading insights

Upcoming Events

FOMC Meeting

2:00 PM EST

Earnings Season Begins

Pre-market

Options Expiration

Market Close

NFP Report

8:30 AM EST