Thursday, December 22, 2011

ORCL


ORCL shares tanked yesterday after earnings. Looking at the 3 year weekly chart there seems to be pretty good support at about $25, which is a little above the 200 period moving average. Will look to sell a January $25 Put today.

2 comments:

  1. Sold 20 ORCL Jan12 25 Puts for $0.635

    ReplyDelete
  2. Final Position:
    Short 50 ORCL Jan12 25 Puts for $0.652

    ReplyDelete