Hot Option Plays: Summer Trading
Posted on August 07, 2012 at 15:23 PM EDT
Cusick’s Corner 08-07-2012 Now these are summer markets — the majority of the activity is at the open which then grinds in a tight range for the remainder of the day. The S&Ps (my main benchmark) is supported at 1399 with resistance at 1403. I have been looking at some earnings stocks — Groupon (GRPN) [...]

Cusick’s Corner 08-07-2012
Now these are summer markets — the majority of the activity is at the open which then grinds in a tight range for the remainder of the day. The S&Ps (my main benchmark) is supported at 1399 with resistance at 1403. I have been looking at some earnings stocks — Groupon (GRPN) being one of the names reporting. GRPN has big volatility, 172%, with an estimated move using the weekly options of ~.34. This infers that the overall options marketplace is pricing in a … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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