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Friday, November 21, 2014

enta coiled spring

I see another coiled spring and this one is for enta.

Here is both the put and the call:

ENTA Dec 2014 44.000 put (ENTA141220P00044000)

 -OPR  
2.00 0.00(0.00%) 2:56PM EST
Prev Close:2.00
Open:2.00
Bid:0.30
Ask:4.90
Strike:44.00
Expire Date:20-Dec-14










They are both at 44. Here is the call option:

ENTA Dec 2014 44.000 call (ENTA141220C00044000)

 -OPR  
2.75 0.00(0.00%) 2:56PM EST
Prev Close:2.75
Open:2.85
Bid:0.60
Ask:4.90
Strike:44.00
Expire Date:20-Dec-14









As you can see from the chart below, there is a coiled spring set up;

This spring should give us some leeway as we have time until the end of december exp. If it doesnt pop too much one way, perhaps we will sell and hold for the other side of the spring.

Also to close some things out today,

Yellow and MMM 100% losses as we held for a month: Things never turned around.

Stay tuned for a site redesign.

Mark

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