Short IWM

10 thg 6, 2016

Showing weakness in volume since 5/31. Ran up to Resistance #1 on pivots on Weds. Looks like a hammer today, but betting on short term weakness by playing the weekly June 17 puts $116. Weekly chart it's turning bearish to confirm.

14 thg 6, 2016

Ghi chú

Sold my weekly $116 puts for $2.07 today. Entry as $0.97. Nice 113% gain. Onto the next one.