Short CMG for Gap Fill to 447.65

4 ม.ค. 2016

Quick short here with CMG loosing key support at 472. That gap from Oct 2013 at 447.65 is just screaming for attention! Look to short below 472, but after a potential bounce tomorrow off of today's broader market oversold levels. Target at 447.65. Keep your stop at 472 for Risk/Reward of 1.87x. CMG Calls are trading at a new 52W high IV, again! Consider expressing the short via selling expensive calls.

6 ม.ค. 2016

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Gap has been filled. Will be closing this short on the open this morning.