The Options Box

[RCKS]

Good evening Bob, I think Puts may be a nice play here but I would keep in mind we are now on the other side of the 320sma by a good margin. I would think the 320 will act as support if we approach it in a day or two at higher levels.
I thought I would pass along Zeev's thoughts tonight on how the markets may have put in a bottom that gives us a secular bull market lasting maybe 6 to 9 months with a target of 1834 for the NAZ. Check them out for yourself.
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Good trading to all...............steve