OPTION TRADE : Bearish Engulfing In Power Grid.
Bearish Engulfing at the top of Resistance is reason enough to initiate a Bear Put Spread In Power Grid.
Sell 190 PE @ 1.5
Buy 197.5 PE @ 3.5
Max Risk : 10k
Max Profit : 29k
Risk Reward : 1:2.6
Author Zubair Mir
