Friday, August 24, 2012

$FFIV setup

will be watching for this next week after todays opex, am long via DITM Leaps... i dont like doing unhedged credit call spreads but since i have the Leaps i will price this out. if FFIV can rebound a few bucks and get back to the top end of the channel its working in , i will look at credit call spreads right at/above the 200day moving average..not paying much premium here but if stock rallies a bit i will look at it again... other option is my usual straight Leap covered call.. setting alert at 102 to get on watch list.


click--> to follow on twitter

No comments:

Post a Comment