About meI have a double major in finance and economics. I primarily focus on the forex market. But, I'm also an experienced options trader. I can develop a multitude of strategies no matter what the market condition are. I currently look to move a heavier op
Joined a year ago
"You don't need to be a weatherman to know which way the wind blows." Bob Dylan
Bollinger bands show modest movement between lower and middle bands. ADX is currently at 11.6338 which indicates to me that investors could be on the verge of a potential price appreciaton. The Average Direction has bottomed out and it seems to me that it only seems logical that a new price trend is in the near ...
Right now is a great opportunity to short AZO. I would go with a bear spread or a put backspread. The price channel has risen over the top band for a while. It has met R3, this is the time for a quick option spread for this stock.