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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (4665)10/17/2010 3:53:28 AM
From: dealmakr   Read Replies (2) | Respond to of 5891
 
Gottfried,

The 310 straddle @ 30.50 is a pretty hefty price when the vol comes a bit out of the stock after earnings, still a bullish bet.

Looks the the Nov timeframe on this trade? Why not play the Oct weekly for @ 24 as thats where the bigger vol is represented and you may have the opportunity to do a few writes more depending upon the outcome.

dealmakr