Sunday, April 8, 2012

$V chart and setup 4/9/2012

always been hard for me to get a good entry on this one unless there is a big drop, just not enough premium at the strikes i look at. with earnings on 2 may will be unlikely that i get in on it prior to that, but will would like to see a pullback closer to the 50day, then price out credit put spreads at/below the bottom of the gap near 108.