Target Entry: $80 (Reliable support for past 8 occasions)
Trading Strategy: Short Put Spread 77.5/80
- STO CAT Sept 13 80 Put
- BTO CAT Sept 13 77.5 Put
- If break support, BTC CAT Sept 13 80 Put to repair (1 month before expiry), else close both positions.
CAT Chart
CAT Fundamental