Monday, March 15, 2010

Closed GME bull call spread

Just after my "in trouble" post, GME started moving down again, so I lowered my price and got out. Here are the numbers:

Stock at $18.83, down 2.3%

Options at 30¢, down 30%.

Here's the initial analysis.

Here's the position opening.

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic


Topic: Gamestop video game retailer

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