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executed strangle on spy


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#1 gorydog

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Posted 11 April 2007 - 12:07 PM

sfbdo april call 146 @ .70 sfbpmk april put 143 @ .60 We are going to move one way -or the other- big, maybe both ways big, but will close out both today in any case. I'll need to be quick on the trigger to sell! GD

#2 gorydog

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Posted 11 April 2007 - 02:23 PM

sfbdo april call 146 @ .70
sfbpmk april put 143 @ .60
We are going to move one way -or the other- big, maybe both ways big, but will close out both today in any case. I'll need to be quick on the trigger to sell!

GD

closed put @ .70, looks like I won't do better than break even

#3 gorydog

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Posted 12 April 2007 - 11:24 AM

sfbdo april call 146 @ .70
sfbpmk april put 143 @ .60
We are going to move one way -or the other- big, maybe both ways big, but will close out both today in any case. I'll need to be quick on the trigger to sell!

GD

closed put @ .70, looks like I won't do better than break even


still holding the calls, bid .55 from time decay, I'll give the bulls a few hours more and see
GD