FMG Technical Analysis, page-171

yeah bounce before 28 is possible, however im not holding my breath, in my opinion the price action has been pretty relentless to the downside im not liking it one bit.

ive tried to sell puts but they are not getting filled at the premiums I want ( I don't feel im being to greedy on them), so perhaps that's a bit of a sign of confidence/support at these current sp levels.

not sure about writing naked calls, not really my style, I will try write covered calls if im exercised, however if the sp keeps dropping then that could yield a very ordinary premium.

anyway, that's life, I could be wrong I could be dreaming, but I still feel fmg is a cash cow at the minute even with another 10-15 buck pull back in ore.

I remember this happened to me last December, got exercised an was like 30 cents below my strike, waited 6 weeks and the sp jumped like 80 cents in that time frame, see what happens???