GMCR - In highly congested Zone.

Watch for this stock to continue its trend. As long as the price is below $54.

Same strategy applied on the CMG/PCLN and HES.

Selling Option spread is the top most profitable way to play this.

Commento:

This chart does a better justice to the trend lines.

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Bottom of the Channel. Open Interest in Options Always helps when stocks rally on news.

Commento:

Holy Crap, Bail out. Taken Private. for $92.

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As a matter of fact, I was writing a blog post about options after going private.

Commento:

lost just under $2000 instead of $30000. That's how I hedge with options.