PHM turned out to be a good divergence to the downside with a topping pattern May 17, 2019. A new top is in place but the MACD is diverging even lower indicating price should be around 31.5. Trying some June 21 expiration 31.5 puts at .27.
Komentarz:
this position is kinda hanging out there not much movement yet. Gonna give it another day
Komentarz:
and now we are moving some up 25% on the position, we will keep it open
Komentarz:
dragging its heels, unless we get some movement going tomorrow will consider closing this out for a loss
Komentarz:
decided Monday will wait out this one isnt moving yet
Komentarz:
closing this down at 11 c its languishing
Komentarz:
well couldn't get my good for the day limit order filled yesterday but today we got out at .23 after PHM fell