gregharmon

gregharmon

into earnings, a 47.5/47 1x2 Put Spread for free give you a shot at 4.7% div yield if you are put the stock, with large OI at 47.5 Call this week

gregharmon

I have liked CrackerBarrel since October and made some good money on the run up. Today I added February 130/125 1x2 Put Spreads for a 20c credit to to possibly start a position. My thinking: It is at a 23.6% retracement, if it holds here and reverses then keep the credit. If retraces 38.2% then I am at max pay out and into the stop with a 120 basis., 50%...

gregharmon

into earnings. volume been higher last few days and at OS level on RSI, Open Interest says look higher, straddle pricing $3.40 move

gregharmon

This is the chart we looked at for the earnings trades today, took a Jan 340/Feb 310 Put Diagonal for $1.00 (short term bearish trade)

gregharmon

sitting in the middle with big buying on the 42.5 Put today. Straddles pricing about a $2 move by Friday

gregharmon

with 3 Advancing White Soldiers

gregharmon

broke trend support today and approaching the PRZ I of bullish Shark harmonic. Big Open Interest at 17 into earnings in the morning Thursday.

gregharmon

in the descending triangle

gregharmon

if you are still in it better protect or take some profits

gregharmon

perhaps the 127% or 138.2% extension?

gregharmon

now the question is whether it will take another leg up or fail

gregharmon

at 13.57

gregharmon

some basing may mean the Handle for the Cup has formed, watching

gregharmon

out of BB's and Overbought on RSI with MACD elevated, but just starting to be accumulated

gregharmon

Everything lining up for miners, accumulation, MACD cross, RSI turn up, price breaking....

gregharmon

if it wants to

gregharmon

Just a little FYI, it is still falling

gregharmon

watch closely for reversal or morph to Crab with PRZ 7.50