I just bought 20 contracts of the May 45 puts on the Q's (QQQQS) at a cost basis of $0.59. As I mentioned this morning we have two big gaps below that need to be filled and I expect we will be doing that over the next couple of trading days.
We are also at the top of my trend channel and the Stochastic just crossed over, so all signs for me say we are going to be heading down to the mid-44 level soon before we start heading back up.
We are also at the top of my trend channel and the Stochastic just crossed over, so all signs for me say we are going to be heading down to the mid-44 level soon before we start heading back up.
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