Yesterday I published my reasons to initiate a bearish trade at $381.00.
Today it hit that target. I purchased May 2014 $360 PUT at $11.00.
This PUT options are now trading at $14.45.
Stock price is still above the support line. Expecting it to break the support line in a day or two.
Today it hit that target. I purchased May 2014 $360 PUT at $11.00.
This PUT options are now trading at $14.45.
Stock price is still above the support line. Expecting it to break the support line in a day or two.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.