Rolling WFR Down and Out
October 14th, 2009
I rolled the WFR (MEMC Electronic Materials Inc.) puts I sold back in September for a credit. I rolled them down to a 17 strike and out to November expiration. The DOW might have hit 10k today, but I’m still leery of that declining 50 day SMA on the WFR hourly chart.
WFR Hourly