Wednesday, August 12, 2009

Today's Trades

DVA
Bought to close the AUG 45/55 straddle for 30 cents, profit of 70 cents. Trying to free up some bp to play some earnings long straddles.

NTES
Sold to open a AUG 42/48 strangle, $1.78 credit. IV is juicy on this one.

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