Given AMAT's volume I'm surprised by how little options activity there is. I'll avoid trading it because of that. I also should have bought a Jan. or Feb option instead of an April.
Monday, December 29, 2008
Intraday update
Sold the AMAT put at 12:49 when AMAT was around 9.73. On the 30 minute MACD, slow stochastics, and RSI are all going up. The moving averages are consolidating, price is above them, and the faster moving averages are headed up. It also couldn't take out yesterday's low.
Given AMAT's volume I'm surprised by how little options activity there is. I'll avoid trading it because of that. I also should have bought a Jan. or Feb option instead of an April.
Given AMAT's volume I'm surprised by how little options activity there is. I'll avoid trading it because of that. I also should have bought a Jan. or Feb option instead of an April.
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