Market Curiosity: Exploring Markets And Systems

February 1, 2011

Sold KMP Feb 70 puts on backtest of consolidation trendline +57%

Filed under: Short Puts — Tags: — Jeff Fitzmyers @ 10:34 am

Sold puts for $0.28 each.

+ Backtest of recent consolidation trendline.
+ Backtest of 34 EMA.
+ Declining volume on the pullback.
+ Stock is near all time highs.
+ Weekly CCI > rising monthly CCI.
+/- Daily CCI is still high, but that’s normal if this really is a backtest.

KMP backtesting consolidation trendline

Feb 10: Covered at 0.12 +57%

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: