We were stopped at $17 on this morning's dip but I am going to recommend re-entering this position now. I believe the -500 point market drop to the October 10th lows could be a climax bottom. The option is currently ask $2.95 and that risk is more than reasonable when weighed against the potential for an eventual market rebound by April. Re-enter UWM $25 April Call Option ULX-DY currently $2.95 Jim Brown  |
