Friday, January 1, 2010

[ConservativeOptionStrategies] comment on chris's WFR

 

Chris called WFR a money tree in his blog -- but it is trending,as he noted:  note, both the SL and Stocastic point to upward movement although in a lazy manner.  Probability of staying under 14 by expiration is low in my opinion,  but, have a good shot of making $0.70 buying @~ $13.65 and writing the jan 14  on less than $14 in what, 2 weeks,  not too bad, huh!  CAPS even gives it 4 stars!
 
Chart for MEMC Electronic Materials Inc. (WFR)

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