This is the first time we are taking an option position in Dollar General. The stock is showing a textbook hammer pattern on a major role reversal support line, with a wide divergence from the 20-day moving average. These are all bullish signals that will help us make money on the credit put spread that we are initiating.
Options Oracle: 01/31/14
Posted on January 31, 2014 by AJ Monte in Options Oracles
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