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American Express Company Message Board

  • Jettababe18 Jettababe18 Nov 17, 2011 7:42 AM Flag

    Oversold

    The stock is showing oversold. How long will the stock be oversold is anyones guess. Yesterday I bought back my covered calls thinking today the stock would be showing strength then I was going to sell covered calls at a higher price. Not sure this is going to work for me, I should have held on off buying back the CC. Now I'm letting the puts run their course.

 
AXP
76.65-0.23(-0.30%)Aug 28 4:00 PMEDT