wounsel

$IGT - Double Bounce?

Long
wounsel Updated   
NYSE:IGT   International Game Technology
$IGT is trading below 2x stddev off of linreg(255day) bands. That's my zone. Will be looking at news + options for swinging this one with some medium-length calls.
Trade active:
Bought 4x 8/17 $25 Cs @ $1.60 at open this morning. Seeing some returns, will likely sell at PT of ~$25.50 whenever it is reached, unless we're looking at a bigger bounce.
Trade closed manually:
Fail! This one didn't work out. I will consider re-entering if we see some signs of a reversal.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.