Trading Strategy: Short Call Spread 100/110

• Direction: Bearish
• STO MON Aug 13 100 Call
• BTO MON Aug 13 110 Call
• If break down trend channel resistance (about $105), close both positions.
• Breakeven Price: $103.80
• Max Profit: $1149
• Max Loss: $1851
• Reward vs Risk: 0.62
• Probability Price Below Breakeven: 74%

MON Chart

MON Fundamental