Nice floor on SE here - good hedged play opportunity
This floor on 
SE has been the exact bounce spot for the last few months. Has always found a way to bounce to 40-45.
This kind of play I wouldn't touch without a short term hedge (so, put) because if it breaches the floor, it'll see new lows. Why wouldn't you want to bank on the way down too if you're wrong?
SE has been the exact bounce spot for the last few months. Has always found a way to bounce to 40-45. This kind of play I wouldn't touch without a short term hedge (so, put) because if it breaches the floor, it'll see new lows. Why wouldn't you want to bank on the way down too if you're wrong?
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