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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (1676)	6/21/2016 11:44:24 AM
From: alanrs	Read Replies (1) \| Respond to of 2591

I don't know anything about them except the little I just read. I didn't see any reason not to and put an order in to sell 2 July 10 puts for 0.40. I'll watch it, regardless of how the 'toe in the water' trade resolves itself. Always looking for a decent company with an active options market. I haven't been doing much trading, only a little with WDC. ARS

To: robert b furman who wrote (1676)	6/21/2016 12:36:53 PM
From: skinowski	Read Replies (1) \| Respond to 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.