GMCR - In highly congested Zone.

Watch for this stock to continue its trend. As long as the price is below $54.

Same strategy applied on the CMG/PCLN and HES.

Selling Option spread is the top most profitable way to play this.

Comment:

This chart does a better justice to the trend lines.

Comment:

Bottom of the Channel. Open Interest in Options Always helps when stocks rally on news.

Comment:

Holy Crap, Bail out. Taken Private. for $92.

Comment:

As a matter of fact, I was writing a blog post about options after going private.

Comment:

lost just under $2000 instead of $30000. That's how I hedge with options.