TZA looked really beaten down, and I was able to grab calls near the LOD. Annoyingly, it has gone down even more in AH. Still, I think I got a pretty good price.
I have TZA at $10.67 average. I am trying to buy more at $10.22, which is the bottom of the unfilled gap below the close. It hit once already, and might hit again.
From Tony's site, but this ain't Tony, so it's no-name guy:
I am short and increased my short position at the close. I am calling for a pullback into the channel and trade below 106.50 tomorrow. Tony will have more to say but I suspect it will include a move down beginning tomorrow or Tuesday at the latest.
Thanks Dread
TZA looked really beaten down, and I was able to grab calls near the LOD. Annoyingly, it has gone down even more in AH. Still, I think I got a pretty good price.
If I can find some time, I'll do a chart.
I agree, That gives me some comfort also. On my chart I did not see it dip to 10.22.
Gcocks,
Seems you have to be on top of your game (other than the earnings announcements) to use calls.
Calls on TZA has got to be exciting. I'm already fairly excited without them 🙂
I somehow feel better holding TZA knowing he has calls on them.
Boy, I did not see that drop coming today. Maybe I will put a limit order in for some. I think it is interesting that dread is doing calls.
I have TZA at $10.67 average. I am trying to buy more at $10.22, which is the bottom of the unfilled gap below the close. It hit once already, and might hit again.
Sun, I appreciate your information. Thanks
LOL… How true is that my friend!
Earl, What are you in now? I have a position in TZA with cost of 10.93. I might add a little more.
From Tony's site, but this ain't Tony, so it's no-name guy:
I am short and increased my short position at the close. I am calling for a pullback into the channel and trade below 106.50 tomorrow. Tony will have more to say but I suspect it will include a move down beginning tomorrow or Tuesday at the latest.