New Signals SOXX - Sell ($187.50) Option: July $185 Put (around $6.40) This is the first of the old stock models to trigger a real time signal. SOXX has been in a huge uptrend going back from $75 in late 2015. The shares topped out just shy of $200 in early March. They gapped up a bit this morning. The option has a wide bid-ask spread early in trading (5.80-7.10), so hold off buying until the spread narrows and you can split the bid-ask (usually takes 30-60 minutes). The prior Sell was on April 18th and was good a move from $182 to $165 in 5-7 trading sessions.
