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jangseohee
Nov 12, 2014 12:44 AM

AEGR follow up 

Description

25 days ago, i posted on AEGR having a potential of breaking up of downtrend channel, but didn't feel comfortable of long call option because i noticed that there was a strong downtrend line for RSI and it has higher chances of turning back down.
My put options was triggered @33.5 just a day before the release of earning result based on downtrend line with RSI resistance (which is not advisable because a better than expected earning would have me slaughtered)
Much to my relief, it gapped very far down!

I took profit with 9 of my put options @20, leaving one to see whether it can reach the channel bottom in time to come
Comments
jangseohee
16.10-17.50 is a average buy for me

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