AIQ_Systems

WDC now at a triple top with downside divergence on MACD

Short
AIQ_Systems Updated   
NASDAQ:WDC   Western Digital Corporation
WDC now at a triple top with downside divergence on MACD, its a short week next week but there's room 53.5 sept 6 puts to play out picked up some at 26 cents, in this case holding over the weekend unless we have a final hours strong down. the weekly is at a longer term topping area but no divergence on MACD.
Comment:
not moving much at the moment, we're up slightly gonna see how the market holds up today. might exit b4 end of the day. If it aint moving in options we're losing (on buy side at least)
Comment:
we took some for a small loss yesterday the rest have tanked this morning this one ran away from us will let it ride
Comment:
the remainder im sure will let expire worthless. Great thing with options limited risk and unlimited potential when buying straight puts and calls. one 500% gain trade covers 4 complete worthless trades.

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