close to breakout of resistance , EMA's positive and CMF too
but the real reason that i publish this graph is due to optionmonster.com that identified yesterday a bullish position
on this stock which involve buying 3600 call spreads and selling 3600 puts to finance the spread buying
i cannot add a graph of the postion but thr breakeven point is around 58.6 if the stock will make it to 68 (currently 57.7) the profit will be 13 times the cost of the position (70 $ vs 900$ max profit)
since there are naked puts the loss can be 4750$ if the stock will be 0 (not giong to happen) and the real point of loss starts to grow is beneath 47 $ (between 47 and 58 the loss is the cost of the postion 70 $ per unit)
but the real reason that i publish this graph is due to optionmonster.com that identified yesterday a bullish position
on this stock which involve buying 3600 call spreads and selling 3600 puts to finance the spread buying
i cannot add a graph of the postion but thr breakeven point is around 58.6 if the stock will make it to 68 (currently 57.7) the profit will be 13 times the cost of the position (70 $ vs 900$ max profit)
since there are naked puts the loss can be 4750$ if the stock will be 0 (not giong to happen) and the real point of loss starts to grow is beneath 47 $ (between 47 and 58 the loss is the cost of the postion 70 $ per unit)