Users: Funatwork: One Position in Particular | Slope of Hope

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.