On Friday I went to open some October 18th, $1.50 calls and didn't get a fill on them. Today they've hit a stop level of local support, have put in a positive divegrence so this is my second chance to get this speculative long option (call) position, I'm taking it right here.
There was no negative divegrence since Friday, just another leading positive as volume popped up as price broke below local support today. Thus the fill I didn't get Friday, I'm going to go ahead and take now, although this still remains a spec position, MCP long equity position in unchanged.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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