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Nick Chiu
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Senior Options Trading Strategist at Optionity, MBA. Our trading approach starts with the fundamentals, then through short-term technical analysis, to finally leverage options trading (with the combination of long and short positions) to achieve favorable risk and reward ratio trading plays. Our... More
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Optionity - specialized in Options Trading
  • Agilent – Technical Analysis And Options Play 04/04/2013 2 comments
    Apr 4, 2013 8:30 PM | about stocks: A

    The MACD (12, 26, 9) indicator is showing a bearish trend, but the MACD difference converged in the last trading day. The momentum indicator, RSI (14), is picking up but still indicating a slightly bearish lean at 45.66. Agilent is currently trading below its 50-day MA of $42.88 and above its 200-day MA of $39.54, as seen from the chart below.

    (click to enlarge)


    Options Trading

    For bullish investors, a credit put options spread of May 18, 2013 $37/$39 put or Aug 17, 2013 $36/$38 put can be reviewed. Credit put options spread will allow investors to gain some upside credit premium or to acquire the stock at a price below the current price upon options expiration.

    Note: Investors and traders are recommended to do their own due diligence and research before making any trading/investing decisions.

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in A over the next 72 hours.

    Stocks: A
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