Yesterday's little dip and today's higher volume reversal looks like a bear trap. Taking some $0.35 calls but overall market action will dictate how successful these will be. Dow and S&P in trouble, tech indices hanging on. Calls $0.35
Very small taster play here. We still have to wait another few days to see a follow through to Friday's gains, but given the insipid volume it might never come. Today's bearish harami cross are normally very reliable reversal signals at a top. A close over today's highs negates. Apr Puts $1.00
Unfortunately, I missed the opportunity to get out at the lows of $20, and the retest of these lows has persistently been resisted. Not sure this is out of the woods if you are long here, but with the NASDAQ having a good day I don't want to be holding this any longer than is necessary. Sold $2.70 (-$0.30 loss)
Like this for the long haul. Working through a base with resistance at $8.00. Keep an eye on this one. Check out the weekly chart . Featured in an intraday alert sent to gold members on Feb 18th.
Put some money to work with some Mar puts. Anyone brave enough to have bought Feb puts would have done very well today. Mar $38 puts $0.70. Featured on my public stockchart list . Looking for a move to the lower BB band/200-day moving average.