PHM MACD divergence to downside reentry?

11. Juni 2019

PHM turned out to be a good divergence to the downside with a topping pattern May 17, 2019. A new top is in place but the MACD is diverging even lower indicating price should be around 31.5. Trying some June 21 expiration 31.5 puts at .27.

12. Juni 2019

Anmerkung

this position is kinda hanging out there not much movement yet. Gonna give it another day

12. Juni 2019

Anmerkung

and now we are moving some up 25% on the position, we will keep it open

13. Juni 2019

Anmerkung

dragging its heels, unless we get some movement going tomorrow will consider closing this out for a loss

14. Juni 2019

Anmerkung

decided Monday will wait out this one isnt moving yet

17. Juni 2019

Anmerkung

closing this down at 11 c its languishing

19. Juni 2019

Anmerkung

well couldn't get my good for the day limit order filled yesterday but today we got out at .23 after PHM fell