Check out OPTR for put options. A few facts: 15.87% of the float is short; float is only 45.36M; Sales & EPS are in the crapper Q/Q; Earnings out on October 31st, estimate is -$0.53. Friday's close was below key support on heavy volume. Note on the chart, every time price has reached the upper trendline it has resulted in rapid price decline. Support is at $14 and, if breached, it's likely price will toy with the 200MA around $12.00. My thinking is if price goes back to the trendline and bounces off, the game is on. Overall, the chart idicators/overlays are harmoniously turning bearish. Any thoughts?
CME / the Gov crushed the metals trade. The gov has knocked long and short term yields. The only place for money to go is gonna be stocks. Get your calls on!