Hi Shoppers,

A beautiful doji was created on Friday in Gap Inc (Ticker: GPS):

GPS has had a nice run up from $8.00 since September 30, a doji.

I think GPS can trade back down to around $11.50.

Looking at the options, I like the Dec02 expiration date:

I will be looking for the stock confirmation, to open and trade lower.

Then I will be a buyer of the Dec02 13.50 puts.

Trade Review

Colgate Palmolive (Ticker: CL) did not cooperate and trade lower, it traded higher on Friday so no trade was made.

Thanks for Reading … See You Next Tuesday.

Licia Leslie