MCP nearly 18% intraday reversal

As you know I have high standards for options trades, the signals have to be very strong, the discount on premium has to be there (for instance MCP was down at least 6% when the call position was opened today, a significant discount on the call premium, Trade Idea (Options): MCP) and the charts need to stand out or jump off the screen as I would normally say, MCP Charts. Remember, our last options trade in MCP (although there were several areas we considered between now and then) was June 3rd.

MCP was down almost 13% intraday and closed up nearly 5%, this put our call position opened today at a significant gain on the first day (half day actually)...

So far a gain of nearly +50%

 The daily chart ended with a nice looking candlestick on heavy volume. As you probably saw earlier, some indicators I usually don't use were giving strong signals, but among the 3C charts this is probably the most significant near term for an options trade...

 The 5 min chart never lost its leading positive divegrence despite price action that was driven by Seeking Alpha articles posted after the close with losses coming the next day, that wreaks of retail selling, not institutional.

I think there's something  big in the pipeline like there was for RIMM which has kept the long term charts looking so good, I suspect Goldman is involved and it has to do with a financing deal, likely one that won't dilute shares or not as badly as perception.

For now, congratulations if you grabbed some of those calls and I hope we keep moving in the right direction. Today's reversal was something else.