WFM – Spring Loaded

The daily chart is spring loaded in an issue down over 40% from 52 week highs leaving a massive gap. 

2014.08.18[20.40.57]_http___Chrome Legacy Window_WFM - SharpCharts Workbench - StockCharts.com - Google Chrome

Disclosure: Long 39 calls, selling off longer dated calls $40 for more recent months.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s