AIQ_Systems

Modest double bottom with upside divergence on OIH

Long
AIQ_Systems Updated   
AMEX:OIH   VanEck Oil Services ETF
Modest double bottom with upside divergence on OIH bought some 11.5 puts that expire oct 11 for 11c.
Comment:
holding this one for now was doing ok this morning but faded late. now at 7c if we hit 5c i'll bail tm
Comment:
bailed half at 5c for 55% loss kept half running
Comment:
times up today on these options exiting at .06 for 50% loss

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