AA - Alcoa for ER

77 0 3
Not an ER player but I like to chart it for subsequent plays with an IV drop for options play. Based on the support levels I try to get out into the monthlies but close much sooner to save on theta decay and delta release.

1. Restructured recently
2. Bauxite was ok but not phenomenal the first Q
3. Bagged a bunch of new contracts
4. China slow down could spike fears for a short side event
5. Guidance going to be key

Enjoy Alcoa            

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