AI
Tuesday, January 09, 2018 1:18:26 PM
Should have done it yesterday but wasn't paying attention. What's more, I don't know why I wasn't paying attention.
Why yesterday? The candle was red and traded completely below SMA(3). That's a clear trend change.
So I'm Long 50 Jan 12 $16 Puts (cost $0.11) that expire this Friday.
Usually I would use a spread and go out more weeks. Not feasible to do that over a few days so this is sort of an experiment.
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