I guess you're looking to enter long.
JCI and DNA report on 4/18 and 4/10 respectively. JCI's IV 22.71% is in the higher 1 year percentiles, while DNA's IV 27.28% is in lower 1 year percentiles.
My reading: both are in long uptrend and intermediate down trend.
JCI: looks to be in short term uptrend, maybe up to about ~$72, where I would look to enter short with a bear vertical, in the next 5-10 days.
DNA: looks to be at a flex point of a short uptrend; tomorrow (or in 2 days) there may be either a confirmation of a breakout up, or a failure of it. My expectation is for the second scenario, in which case I'd buy the March 90 Put (DWNOR currently 4.4/4.6, iv=27.7, delta=-.74). There is some support around $80.
JCI and DNA report on 4/18 and 4/10 respectively. JCI's IV 22.71% is in the higher 1 year percentiles, while DNA's IV 27.28% is in lower 1 year percentiles.
My reading: both are in long uptrend and intermediate down trend.
JCI: looks to be in short term uptrend, maybe up to about ~$72, where I would look to enter short with a bear vertical, in the next 5-10 days.
DNA: looks to be at a flex point of a short uptrend; tomorrow (or in 2 days) there may be either a confirmation of a breakout up, or a failure of it. My expectation is for the second scenario, in which case I'd buy the March 90 Put (DWNOR currently 4.4/4.6, iv=27.7, delta=-.74). There is some support around $80.
Quote from Multioption:
Loking for entry on JCI, SNDK, DNA.....
Will update!!
