The charts are turning the corner and it is looking like investors are starting to dip their toe in the water again. Being that it is Valentine's Day, I finally decided to deploy a little more cash this morning.First, I bought some TIE Mar22.5 puts. The stock is hitting its upper downward trend line and I am betting that it will provide some resistance in an otherwise upward moving market tape.
I also bought some APPY on this weakness. I am a little disappointed that the MM hasn't defended the stock price a little more than it appears, but the thesis is still intact and the price of under $6.00 will not be around long.
I also added some ANSS with earnings coming out next week.
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