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KLAC and CRDN Positions Analysis

HAVING TROUBLE PRINTING?
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It looks like we are getting the pullback that I had been looking for during the last week.

Now it gives you a decision to make.

You can close out your call spread on CRDN for somewhere less than $1.40 NET DEBIT and hold the put side and hope it expires
You can close out your call spread on KLAC for somewhere less then $1.80 NET DEBIT and hold the put side and hope it expires

This would cut your losses at this time if the puts go on to expire worthless.

However, I am going to give you the breakeven/Loss/Gain if the stock ends up at certain prices at expiration. I can not tell you what the spreads will be exactly going into next week, but you can figure the closer the strike price is to the stock price, the better off we will be.

Here is the situation for both CRDN and KLAC if you hold to expiration

See below: This is not a recommendation to close, but it gives you more ammunition to decide if you wish to.

CRDN ANALYSIS



KLAC ANALYSIS



SO here is the bottom line. You can close out today, or hold and take your chances next week. The bottom line at expiration is included above

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