From: phoenixalerts@hamzeianalytics.com [mailto:phoenixalerts@hamzeianalytics.com] On Behalf Of Phoenix Equity & Index Options Trading Service
Sent: Thursday, July 24, 2008 12:14 PM
To: PHOENIX Equity & Index Options
Subject: The Phoenix is on ALERT 5: our Forty Ninth Trade is VRSN Aug Puts

 

 

 

 

 

 

49th Trade: BUY to OPEN Ten (10) VeriSign (VRSN) Aug 32.5 Puts (QVR TZ) at 1.20 or better   

                    current bid /ask is 1.15  to 1.25   

 

Trade Type: This is a Sigma Channel Scanner Play        

Rationale:    VRSN is below -1 sigma.   Could not get over its 200 Day MovAvg during last week.

                    Hornets System is short VRSN both in Daily and Weekly timeframes.   

                    $wPut/Call is  36 (VERY BEARISH)  

                    UniVol is 54 (a rocker) 

                  

Chart:  

 
 

Godspeed Phoenix.....

Fari Hamzei
Founder
Hamzei Analytics, LLC


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