Volatility is at the highest now, at 56%, since a year ago. More over, there's a +ve put/call skew currently but only for the Oct chain. Oct has only 17 days to expiration. Unadviceable to enact front month. Disadvantaged by too little time.
Tuesday, September 30, 2008
TXN - Approaching Long Term Support
A long term support line established from 1996 pricing, shows a support coming up at ~$20 for TXN
Volatility is at the highest now, at 56%, since a year ago. More over, there's a +ve put/call skew currently but only for the Oct chain. Oct has only 17 days to expiration. Unadviceable to enact front month. Disadvantaged by too little time.
Volatility is at the highest now, at 56%, since a year ago. More over, there's a +ve put/call skew currently but only for the Oct chain. Oct has only 17 days to expiration. Unadviceable to enact front month. Disadvantaged by too little time.
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