$DE #John Deere Short

Currently in a long put debit spread. Looking to tag bottom of bollinger.

With the current trade war, and farmers being hammered in the midwest, we have technical analysis supporting the bearish macro narrative. Tough year on farmers, isn't the year they are going to be making investments in new big AG equipment.

Trading it short while also COLLECTING time premium. So there is no option decay - you actually get a small gain because of this.