SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options-Technical analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff Mizer who wrote (49)10/18/1998 9:14:00 PM
From: Caroline   of 296
 
LU's strength really surprised me. I had both a call and a put, and just before all the profit was gone on the put I sold it at break even. I am net long on LU but do not expect much more upside. In fact, I could see establishing a put when the stock is at around 79-80.

timely.com

Now, the fact that the 40-day MA is still above the 200-day MA, and the price is now right at the 200-day, says this is an iffy place (bullish in a bear market). In other words, a put here is probably a good play. Looks like the stock could top out at 80, then be flat or fall again. I don't see it going much higher than that.

Caroline
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News