Thursday, March 8, 2012

1. EMA 8 closed above the EMA 21 on the Dow. Market closed above the EMA(8) so we look trade calls

2. top stock on the watch list is BBBY but I don't like the open interest(351) or bid/ask spread .10
#2 stock is DD. EMA 8 crossed above the EMA 21. Stocks closed above the EMA 8, Place by stop at the EMA 8(50.82) . BTO DD April 50 calls limit 2.17 OI(10,253) Bid/ask .04

No comments: