Options GOODIES

[Murphey]

CMG Support Cluster

641.41 - 643.67

Comes from four prior symmetry projections,one 127.2 extension
and a 50% fib retracement...
Last week took the Mar 645 call and 640 put, long biased with
a 20 point delta difference. The bracket trade is down a bit here
but if it continues downward the deltas will swap and it could
go green again. There is the 161.8% extension down at 638.41 in
the cluster. I'd like to see that hold but if it doesn't I won't
be sweating it.

Cheers