Post feedCLF- Classic "Re-Test"
CLF bounced, just like we thought it should. It also made a strong bounce, and hopefully will resume it's uptrend without further delay. The next of our trades that has be concerned is GCI. We caught a lucky gap to the downside, but now it is indecisive about going further. We will keep an eye on this for a sign of weakness to exit, but all others continue to move in our favor. Here is our trade log as of this evening...
(Cost Basis)
CLF Dec 95 calls- $2.70
UNH Dec 60 calls- $1.30
THE Dec 45 calls- $1.60
GCI Dec 65 puts- $2.00
LLY Dec 50 puts- $0.80
PD Dec 135 calls- $2.10
Here are the closing prices on these options as of today...
CLF Dec 95 calls- $2.85
UNH Dec 60 calls- $1.90
THE Dec 45 calls- $2.25
GCI Dec 65 puts- $3.30
LLY Dec 50 puts- $1.10
PD Dec 135 calls- $2.90
The profits continue to rise....
(Cost Basis)
CLF Dec 95 calls- $2.70
UNH Dec 60 calls- $1.30
THE Dec 45 calls- $1.60
GCI Dec 65 puts- $2.00
LLY Dec 50 puts- $0.80
PD Dec 135 calls- $2.10
Here are the closing prices on these options as of today...
CLF Dec 95 calls- $2.85
UNH Dec 60 calls- $1.90
THE Dec 45 calls- $2.25
GCI Dec 65 puts- $3.30
LLY Dec 50 puts- $1.10
PD Dec 135 calls- $2.90
The profits continue to rise....
