IF ONLY THIS FIT IS ALREADY IN YOUR PORTFOLIO, THEN PROCEED. OTHERWISE YOU NEED TO WAIT FOR ER. I already have FIT in our portfolio, So maybe after ER, I'lll decide to sell far month call. Possibly, FEB17 13 strike @ $2.55 and close it @ 1.77 which 5% ROI. so you can cover your losses here.
Fundamental are not good for new entry.
Technically it is going up, around 14.85/14.95, so possible drop, if it closes within the channel.
Option contracts are good with far month contracts.
RISK: Enter at your own Risk. Investment mindset differs from person to person. Method may not be suitable for your investment objectives. DISCLAIMER: I don't provide investment advice, I'm entering the market with my own account.I don't try to accurate in entry, because most of the time I or my client own this stock , so we only look approximate change in trend. It is not necessary you have to do the same. Update status
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