Wednesday, October 2, 2013

PCLN as a Quick Put

I was asked to look at PCLN and I think it looks interesting as a "Hit and Run" quick short/Put (I'd prefer the Put), however for November expiration there's VERY little liquidity so I took a pass, you might like it however. I think it's along the lines of the TLT, MCP positions, in and out on momentum.

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