The market responded very well to all of the inflation numbers that came out posting a really strong day and steady us off for September, which we expect to be continuously choppy until at least the end of September based off the season and potentially into October. In the meantime, we continue to look at IPO breakouts and meet version plays as they should do the best in an environment of choppy to down action.
How to place it: enter a BUY LIMIT for LLY at $1082.23, sized at about 4% of your account, good for the day only - if it never fills, it cancels itself and there is no trade. Sell at the open on Wednesday, September 16 - two full trading days in the trade, then out at the next bell. Set a dated market-on-open sell for that date now and the exit happens without you.
