UPDATE: I bought my covered call back since I got 90% of the value and I don't want to leave it open until Saturday.
This trend might continue for a few days or a week but I am just holding my shares until I see support hit.
With earnings coming in a few weeks I am looking at selling another covered call above $555 for the end of April and selling a PUT below $525. Haven't had time to research exactly which options look best from Sellers point of view. Good luck.
Comments
KPEI
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Great to see that the Pei Support ind is working for you! I have been keeping up to date with your charts and realize ever since the last one, the prices actually rallied and the support line never crossed.