BPOP update

I have shaved off most of the position but am still holding some of the Jul 3 call strike options. Today however, there have been over 19,700 contracts traded on the front month may 3.50 puts. The Chart is starting to roll over a bit here and looks like it might pull back to the 3.25 area. The volume is lighter on this pull back though. We still have time in this position and technically it is a free trade as we have shaved off several times including a piece at 300% . i will continue to hold some of the position and maybe add on a pull back to the 3.25 area, depending on how the markets are doing at the time and how BPOP is doing. Currently I have my stops on the remaining position on a close below the 50MA.


BPOP daily


BPOP Option Chain intra-day