Thursday, October 06, 2005

INTU - moving down

INTU is one of my favourite stocks to watch.

I've done some trading in call options before but not in put options. Since INTU is showing a downward trend right now, I wonder if there might be an opportunity for a put play?

The INTU Jan 07 $45 put is priced at $5.50-5.90 today. Let's watch it to see where it will go as the stock price changes.

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