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AIQ_Systems

ALBN double top MACD diverging down

Short
Align Technology, Inc. (NASDAQ:ALGN)  
AIQ_Systems Updated   
NASDAQ:ALGN   Align Technology, Inc.
Double Top or Bottom Oscillators Moving Average Convergence / Divergence (MACD) macddivergence Double Top macd_divergence options-strategy optionsstrategies optionstrading
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doubletoporbottom oscillator macd macddivergence doubletop macd_divergence options-strategy optionsstrategies optionstrading
ALGN formed a 10-day double top, MACD diverging down. Will look at options first thing Friday May 17, 2019 MACD says price sbaround $315. OTM May 24 315 puts traded at close on May 16 around $1.65.
Comment:
Bought OTM May 24 315 puts at $1.75 been as high as $2.82 today currently at $2.43
Comment:
Exiting these this morning at $4.20 cant complain about this 230% gain in a couple days

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