I've taken both sides of a trade in Maxim Integrated Products (MXIM) and we will see if this pays off or not, so basically trying something a bit new. Yesterday, I purcahsed 1 Oct $17.00 call at 0.45 and 1 Oct $16.00 put at $0.65. I'm betting on the fact that this stock either moves to the plus side over and above the $17.00 strike price or dips well-below the $16.00 strike price. If the stock stays range bound then this trade will decay quickly and I will lose.
I'm using the FINVIZ.com embedded dynamic updating chart, so this will be another test. If it shows promise than most of my charts will be coming from them, so thanks FINVIZ!!
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