Chart Pattern: eBAY is trading within a Rectangle between $50 to $58.
Target Entry: $50 (Reliable support)
Trading Strategy: Short Put Spread 45/50
- STO EBAY Sept 13 50 Put
- BTO EBAY Sept 13 45 Put
- If break support, BTC EBAY Sept 13 50 Put to repair (1 month before expiry), else close both positions.