Freaks

three alluring off-the-beaten-path shorts

In SlopeCharts, there is a "grade" on the chart ranging from A to F indicating the overall quality of that equity's options market. I try to be strictly in the "A" and "B" class, but sometimes a chart is so compelling I proceed anyway. Yesterday that was one such chart, Canadian National Railway, which looks screamingly bearish. I bought January $125 puts, and the bid/ask on them wasn't that bad.