- SOLD NUE 100 OCT 14 58 CALL @.53
Shorting NUE. Seems way over-bought to me. Cycles look toward the down side and other industrial’s are all looking downward too. It’s at all-time highs following a steep rally, which NUE doesn’t usually move to fast or far. It’s also dropping below it’s 7 day moving average.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!