Replies to post #14761 on Options Wonderland

[BUBBA]

Ok, I'll turn my hat around on it then. lol I love options man! I still got a lot of learning to do though.

[Tommy86]

agree 100%! MA 200 has been a great resistance/support line. red candle yesterday after the runup from 14.5 confirms the resistance. if it doesnt break it today i think it'll be safe to get the put.

which strike price would you recommend?
from what i learned from your posts and your strategy, i would get the March 17.50 Puts or if you want more risk the 15 puts.

am i right :) ?