VRTY.. covered now this is possibly the best example of the gap down and recovery. I got the long and the short and now looking to reenter long @ at 14 for third play for today. I like it 'cause its cheap and I already have the calls (unfortunately I have the puts also but htey were cheap) Tell me this isn't today's VRTY chart! <g> The best incentive for buying the gap down and instant recovery is already being in an option position.
VRTY.. now just got that 62% retracement from today's highs for the short. Worked like a charm, now I have a bid for 14 which will be only about 50% of my usual position. I am not going to kill VRTY.. just trying to enjoy it.
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