Sell Signal Confirmed: CNC (Healthcare Insurance)
Option: July (19th) $55 Put - Currently at $3.00-3.20
Target: $6.00 before expiration
+35% Level: $4.20
Very Aggressive Traders: July $50 Put @ $1.20
This is an Intermediate Term Sell Signal for Blue Line Standard subscribers, however It is good for all levels of service, especially if you are looking to diversify into longer term positions.