Replies to post #284 on David's Trade Journal

[FinancialAdvisor]

Looks like we're in the 9th inning here... ;)


Again, excellent material & I am in total agreement...

[nlightn]

david, we must be on the same page as i was looking at banking/financial institutions and Citi (C) came up for an option play,...put option that is.

of course the important element in options is timing.

do you have a sense, based on your chart, when would be a good expiration for a put play in the money on C ?

i'm looking at the sept 45 put (CUI) now priced at 1.50,...and possibly the sept 42.50 put priced at .40(CUV)

need to do some charting and volitality projections but so far i'm liking that one.