OIH Analysis
- stevenplace
- October 27th, 2009
Trade for subscribers to come EOD
Here’s the trade:
SELL -2 VERTICAL OIH 100 NOV 09 115/110 PUT @.77 LMT
SELL -2 VERTICAL OIH 100 NOV 09 135/140 CALL @.66 LMT
We’re getting into an iron condor, breakevens at 113.50 and 136.50
You can start with the put verticals first, and if we close above 12550 I would hold off on the call verticals. Let’s leg into it so we can get a nice spread.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
blog comments powered by Disqus-
InvestingWithOptions was created with one goal in mind: to make you a better options trader. Steve Place is the Founder and Head Trader at IWO. Want to learn more? Start Here.
