Mildly bullish on support and improving RSI.
But, divergence doesn't pay you, price does. On watch though along with big daily support for gold.
If market continues higher, watch for a rebound play. Besides today: September 2014 17-strike call, where north of 7,600 contracts are on the tape. The vast majority of the contracts have traded off the ask, meaning the transactions were fueled by buyers. What's more, volume outstrips open interest, implied volatility has ticked higher, and information from the...
Playing this 50. 55 seems to be wanted.
Don't really like to see that Jan 39P x1000 trading past the ask today on $SHLD ...Might roll what I have out out...give this some time to SQUEEZE!
Out all yesterday for a smallish loss on the Jan calls. Breakeven on LEAPS.
Worth a look here. It missed SUPER slightly on revenues, c'mon guys.