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. ![]() 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. ![]() Out of the money Sept 15 calls from prior day showing the gain from this one overnight trade.
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