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.
Nota
this position is kinda hanging out there not much movement yet. Gonna give it another day
Nota
and now we are moving some up 25% on the position, we will keep it open
Nota
dragging its heels, unless we get some movement going tomorrow will consider closing this out for a loss
Nota
decided Monday will wait out this one isnt moving yet
Nota
closing this down at 11 c its languishing
Nota
well couldn't get my good for the day limit order filled yesterday but today we got out at .23 after PHM fell
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.