Sunday, April 8, 2012

$ISRG chart and setup 4/9/2012

reason i dont trade this one is the options are not a ghost town sometimes. so even if there is a good entry the bid ask might be .60/1.10 or something.. so even if you got a good fill of .80 the stock would have to move drastically for you to be able to exit with profit..too much reliance on time decay. earnings look to be on 17apr, levels id look at are a pullback to the 50day..only level id be comfortable with shooting against is the 150day then..its a ways away so premium might not be worth it