A few minutes after the open I witnessed the strength in [[AAPL]]. I immediately went long some 180 calls after looking at this:
Look at that bounce off the 200 Moving Average. Sometimes these are the best trades to be had, especially when the company receives an upgrade in the am.
Note: I don’t advise you going long at the moment, it’s just another example of what I look for when trading.
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I hope you are catching some of this move in SWN (highlighted last night)
RC,
you in ICO ? any stops ?
Why are you guys sweating ICO, it’s fine here. If anything add to it.
for a second there I thought u meant you bought 180 calls, instead of 180 strike price calls
thanks !
Interesting. I just bought 170 puts after watching it bounce off resistance at $172.8.
RC,
You bought 180 strike calls? Jul exp?
Why not 175’s or 170’s? Trying to learn…