Looking For Option Trades
AMGN is looking juicy to me right here. I’m scouting the calls.
KRY – An interesting play. Gold is not hot right now and Chavez came out saying he is nationalizing the utilities today and KRY investors started seeing their worst nightmare come true. However, thats not the case. KRY took it on the chin today trading with that news, but the news has nothing to do with KRY. Could be a powerful winner. I want to see what KRY looks like on Friday before buying this one.
GTW – I bought this one today. I bought it back actually. The weekly chart looks really hot.
DNA – Might be the least risky play here. Often DNA will bounce off its 90dma on a weekly chart. Where is DNA right now? Todays Close: 84.69 | Todays 90dma: 84.08
Thats it for now.
