dpilot83 - 1/28/2015 10:09 I just now realized your pinkish lines are action reaction lines. I've been trying not to get sick thinking about that potential and now that I see that you have it on your chart...oh well, lol. Yes...kindof - it wasn't my intention, but I see your point. But like we talked yesterday about, that poke was a tell, and a projection. The text book hagopian says price should go "at least as far in the opposite direction". The poke below the LML and grabbing the highs fits into that pretty well....Time will tell. Either way, selling out of the money call premium at this point is better than buying out of the money calls. |