CMG - Finally some strength?
Updated
Looks to me like CMG is finally coming off a long base. Sold 397.5 puts expiring Dec 9th for 5.50 credit.
Note
Nice positive article from Barron's after close today. Hopefully it translates to gap higher Monday.Note
No love for CMG still, I guess. Looks like I might own this barring a miracle. Still hoping for strengthening over coming months, so unless it plummets further, will keep and use for covered calls.Trade closed: stop reached
Changed my mind and took the loss.
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