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Post# of 88978
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Re: Mtrader16 post# 3075

Friday, 11/22/2013 10:25:27 AM

Friday, November 22, 2013 10:25:27 AM

Post# of 88978
I am guessing that the next bounce (mini-bounce at least) comes from the lower BB (daily chart) which is also close to the 200 MA.

I hear your point - On expiry day - No time value - If the stock jumps, the options can go multibagger easily - Worth the risk.

I was bullish on the last 2 trades - When it bounced (well mini-bounced) from the lower BBs (or just below it) - Played the weekly calls for nice wins - But now I am bearish - Holding some puts - Will be bullish when it finds support again.

GL

All my iHub posts are just my opinion. It is not a recommendation to buy or sell a stock. Due to possible human error, I can not guarantee the accuracy of the posted information. Do your own Due Diligence before investing.

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