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Here some commentary on SUN and WOW from Tien Nguyen. SUN is definitely in my watch list for next month’s trade. WOW looks like it should get pretty good premium. This Thursday is Options expiry day, most my positions are safe, currently monitoring my WBC and NWS is 50/50… Anyways, thats it from me

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22/05/07

SUN is trending nicely, with a converging upward triangle pattern.

21.40 Was the most recent low position, hence the most recent support line for SUN.

SUN closed at 21.68 today. A large white candle in SUN’s graph would prove positive movements.

Enter credit put spread with the following strike price would

produce profitable results:

22/05/07

WOW has been trending well, recently touching the lower bollinger bands on 08/05/07 closing at a price of 27.59.

After touching the lower bolinger bands, the next day WOW bounced back with volume, creating a large white candle.

WOW closed today at 28.50, small black candle slightly above the middle bollinger band.

As the Bolinger bands are converging, WOW has a strong tendency to move upwards.

Opening a bull put spread position at strike price of 28.00 and 27.50 would prove positive.