No surprise here– have discussed it in the Daily and Weekly sections about the previous monthly expiration’s to be well – offered into expiration and to expect the same behavior until it doesn’t. Sure enough the July process was very similar to the previous months– but now we have to wonder about the premium afforded the August contract and the early morning trade may provide some clues.
Major Support:, $1.595, $1.52-$1.511, $1.481, $1.312 Minor Support : $2.64, $2.448, $2.168, $2.12, $2.00, $1.967- $1.94 Major Resistance: $3.00, $3.16
