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Strategies & Market Trends : Option Strategies

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To: robert b furman who wrote (1676)6/21/2016 12:36:53 PM
From: skinowski  Read Replies (1) of 2591
 
I like that as the cart is declining into a Support level, the MACD on the daily is developing bullish divergences starting in the beginning of this year. At the very least, it is likely to be not far from a consolidation area - more likely, a bounce.

The seasonality is lousy, but it looks like this stock dances to its own beat. Options are expensive, with an implied volatility in the 50-60% area. Thanks for the reco! Placed an order to sell a few, for a little less than what you got. Will add if the stock goes lower.
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