Options Hunter - Recent Winners

Citigroup [C] Sept 15 calls 09/18/08 - 09/19/08 +3100%


First the weekly divergence in price action and the MACD indicator is clearly shown. The double bottom on the price action coincides with a higher bottom on the MACD.





Second, the daily divergence in price action and the MACD indicator is clearly shown. The double bottom on the price action coincides with a higher bottom on the MACD just like the weekly chart.

MACD, MACD indicator, chart patterns

Third, the hourly divergences in price action and the MACD indicator is clearly shown. The double bottom on the price action coincides with a higher bottom on the MACD just like the weekly and daily charts. The best entry is when the MACD line just turns up.

MACD, MACD indicator, chart patterns

Out of the money Sept 15 calls from prior day showing the gain from this one overnight trade.