re: planning for option trade # 2.
A progress report....
COH got away from us. It was a top short at $38.00...too bad we didn't enter.
WSF is currently just marking time around the $13.00 level. We wanna see it go to $14.50 before shorting.
NCP is doing similar to WSF. NCP oppies are always expensive because of NCP's volatility...thus i only feel comfortable entering puts on these if they reach my target level.
TLS is looking good --- the only one! It's rallied to $4.40 today...a rise of approc 15c from its lows. As stated previously, i'm looking for a short entry around the $4.60 level ...(if it gets there).
CSL is one that hasn't been on my list for option trade #2...but following the release if their numbers, it's caught my interest again. I will comment no futher on these until i have a closer look over the next day or two..but there's potential to enter shorts on these again..
