No more coffee
Updated
Price is sitting on a strong support but also was rejected from the broken uptrend. We may say another bounce but on the other hand is very probable that price opens with a gap down soon. I just bought some puts (are very cheap now) strike $97 expire 07/14.
Note
Selling my puts now, price may bounce to the upside in the upcoming days. I will buy more puts then. Just watching for now. Note
Good time to buy some puts. Give them time, 3 weeks expiration:
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