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OIH Analysis

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.


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  • Steven Place

    Steve Place is a professional derivatives trader, focusing on equity options. He has a degree in Electrical Engineering with specializations in Signals Processing, Stochastics, and... More »

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