Date: February 2014: One Position in Particular | Slope of Hope
One Position in Particular | Slope of Hope
options,Tim
I have been building up a series of put positions in options that expire anywhere from two to four months out. I will not be shy about it with my beloved Slope+ readers and will tell you precisely all my options holdings right now:
One in particular I’ll comment on – CostCo. There’s a very handsome bearish engulfing pattern forming today, which is encouraging.
The real key is for COST for grind its way down to that $110 neckline, tinted below in green, and break it. If that happens, it’s party time in the Knight household.
Comments
No comments yet.
...