Sun Spots

Click chart to ENLARGE.

Took a small trade today...is it low risk or plain crazy?Went long some August FSLR out of the money calls with FSLR at 140. Profoundly oversold with MACD divergence and (not shown) a recent DeMark Sequential (tm) buy.
_______________________________________________
Here's the Gann Square of 9, with FSLR topping out at 205. 360 degrees around the square counterclockwise brings us to 152, and another 90 degrees to 140. If FSLR were to rally, I could either sell the initial calls, or potentially sell calls to create a vertical spread "free trade".
_________________________________________________________
Good trading and great risk management to all.

Educational use only. Never intended as investment advice.