Watch for this stock to continue its trend. As long as the price is below $54.
Same strategy applied on the CMG/PCLN and HES.
Selling Option spread is the top most profitable way to play this.
Same strategy applied on the CMG/PCLN and HES.
Selling Option spread is the top most profitable way to play this.
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This chart does a better justice to the trend lines.
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Bottom of the Channel. Open Interest in Options Always helps when stocks rally on news.
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Holy Crap, Bail out. Taken Private. for $92.
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As a matter of fact, I was writing a blog post about options after going private.
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lost just under $2000 instead of $30000. That's how I hedge with options.
Uday C Santhakumar
