$CIFR CALENDAR 260904/260925 PUT 17.0/PUT 17.0$ $CIFR CALENDAR 260904/260925 PUT 17.0/PUT 17.0$
Rolling expiring puts for another 3 weeks, premiums starting to get lesser with each roll as strike gets further away from the current share price.
Support is at ~14.50 to 15, with the recent drop to close to 14. Volume is decreasing concurrently as the share price goes down in this slow and painful drawdown. RSI remains rangebound on the lower levels in the 30s, William's Range remains in oversold levels around 80s.
Probably one last flush towards the bottom of the weekly Ichimoku cloud at around 13.69 to complete the bottoming process? Will continue to roll them until I get assigned/ they go up!
Modified in.09-03
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