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Tuesday, July 7, 2015

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GDP and GREK

9:42 AM    No comments
GDP and GREK are at the bottom, sitting there waiting for an up day. I caught Goodyear down there, and I am still OK. Lets look at Goodyear's chart:

I got in with the August 1.50s and it is currently trading above 1.50. The white candle next to the red candle from yesterday is a good sign.Energy is still struggling. We hold our 1.50 options. I expected more of a bounce and am looking to get out of this as soon as possible.
As for GREK, that is news driven with the Greek Crisis, as well as tied to the market. We hold and wait.

Tradinginsider

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