Wednesday, August 26, 2009

Today's Trades

GES
Sold a DEC 25/40 strangle for $2. They report tonight, IV is at a decent premium to HV so the close options are pretty juicy.

ENER
Bought a SEP 12.5 straddle, they report earnings tomorrow morning and the risk graph showed a close break-even so any movement should give a good return.

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