Thursday, May 3, 2012

$FFIV setup 5/3/2012

next level to watch for is a break to new highs near 140ish, depending on what jobs report is of course..then based on your risk tolerance, first level for a new credit put spread is to be at/below the 50day moving average near 130ish, or less risky is to be at/below the bottom of the gap from earnings at 125. would look to a june credit put spread for this. set alert for 140