free web site hit counter
« 2 Things... | Main | Closing Bell: Simple Man »

WFR Puts

Posted on Tuesday, July 1, 2008 at 09:15AM by Registered CommenterOption Addict | Comments Loading...

I guess I should "blog" today.

For some reason prices were all over the board at the open, but have settled down since. Coal stocks are selling off a little, but  no more than 1%. The move in Agriculture stocks have me concerned, but nothing that requires any action yet. Energy stocks are holding up well, but steel is getting crushed. From the watchlist this week, WFR is the best looking move today...

WFR- July 55 puts. I am buying it this very moment.

WFRputs.jpg

Yesterday a few comments flew around about why DECK was on my "Sell the Rip" list. Take a look today...

DECKputs.jpg

I also owe a hat tip to CMG and PENN yesterday. Great blow ups in these stocks...

CMGputs.jpg

PENNputs.jpg

That's all I got for now...I'll be back shortly.

PrintView Printer Friendly Version

EmailEmail Article to Friend

blog comments powered by Disqus