iShares Biotechnology ETF
Short

IBB

77
Highly prbabable a Top is made @ 274.81 thus ,making a lower High
Upside momentum runining out of steam , Stochasticas in Overbought territory There is a high probabability IBB will be testing May lows @ 240.30
Sept 265 Puts little OTM @ $9.30 I.V 24.72% , ( @ 12 percentile of its rank ) are cheap
Estimated time to be in the trade 2 3 weeks

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