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Buying Swing: UAUA 17.50 puts at ,80 and .88. Am here making

Posted: Tue Mar 02, 2010 1:09 pm
by MMASSASSIN
Buying Swing: UAUA 17.50 puts at ,80 and .88. Am here making a bearish bet on UAUA as on my formulas multiday sell signals are on the verge of clearing. A multiday pull back after the run UAUA has sen is more than warranted. 16.50-.75 is my first pul back target. Larger picture the stock has reached overbought levels so may play her larger bearish thereafter , but for now just considering her a multiday swing.