Replies to post #67004 on Options Wonderland

[loanwolf]

PCX is tough one, just when you think it's game on one way, it goes the other way.

I sold out of the put side yesterday thankfully but not enough conviction for me to turn long.

I saw it on support hence is why I cashed in on the puts.

I wish I could return the favor on PCX but i am staying on the sidelines on it for now til perhaps a better signal is initiated.

Not much conviction from overall market for me to initiate a long position again on PCX