I just added 20 additional contracts to my current May 45 puts on the Q's at a price of $0.49. I now have a total of 40 contracts with a cost basis of $0.54.
The Q's went up and reach a high of the day and went above $47. They have now retreated a bit from that high and all of my signals are flashing over bought conditions. In theory they can stay overbought for sometime, but eventually they will have to go down.
The Q's went up and reach a high of the day and went above $47. They have now retreated a bit from that high and all of my signals are flashing over bought conditions. In theory they can stay overbought for sometime, but eventually they will have to go down.
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