On October 9th we bought the April 16 Calls in RWM for $2. The price has dropped since but as you can see from the chart the volume is also dropping. This divergence is a very bullish signal which is why I’m suggesting that we add more calls to our position in order to average the cost down to $1.50.
Options Oracle: 10/30/14
Posted on October 30, 2014 by AJ Monte in Options Oracles
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