Gildan Activewear Inc. (GIL) March Puts
January 25th, 2010
Sell to open GIL March 20 puts. Support at rising 50 SMA. I sold the 20 strike which should coincide with the 100 day SMA. Earnings on Feb 11th.
Gildan’s principal business activity is the manufacture and sale of active wear, socks and underwear. I also have Finish Line (FINL) on my watch-list with a similar chart – also a sportswear company.
GIL Daily