Just bought uncovered puts exp 10/27 strike 2.5. I expect a bounce of the trendline and keep the puts premium when expire worthless. However I don't mind if they get assigned. I would get stocks very cheap price and then I would sell covered calls. I chose this stock because its options are sell at a very attractive price.
Looks pretty bullish to me Pal. I'm buyin this dip. Even though the phrase ''buy the dip'' is absolute bullshit. Given to us by huge corps & whales to trick us into buying from them, we have 0 control over the markets. we think we know it all with our RSI, Macds, etc etc, we don't. The Volume delta (aggregated cumulative) for the pro traders & whales have been...
