$IGT - Double Bounce?

By wounsel
Updated
IGT is trading below 2x stddev off of linreg(255day) bands. That's my zone. Will be looking at news + options for swinging this one with some medium-length calls.
Trade active
Bought 4x 8/17 $25 Cs @ $1.60 at open this morning. Seeing some returns, will likely sell at PT of ~$25.50 whenever it is reached, unless we're looking at a bigger bounce.
Trade closed manually
Fail! This one didn't work out. I will consider re-entering if we see some signs of a reversal.
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