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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: E_K_S who wrote (191434)7/8/2015 1:12:03 PM
From: CommanderCricket  Read Replies (1) of 206084
 
CBI is kinda of a boring play but right now, the options set up is perfect.

IV 64%, IVR 92% with an oversold RSI of 25

You can win several ways selling puts. IV contraction back to a normal 35% or and the share price staying above $40.

Like the risk/reward
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