Guest kawikaho Posted August 17, 2009 Share Posted August 17, 2009 Sold everything near $340 this morning. Waiting for a better price to get in on ORH. Link to comment Share on other sites More sharing options...
ERICOPOLY Posted August 17, 2009 Share Posted August 17, 2009 I don't know what's going on with the market for 2011 SHLD puts, but you can effectively write the $40 strike SHLD put and use the volatility premium to buy the same amount of notional upside in the 2011 $330 strike FFH call. Which is riskier, SHLD at $40 or FFH at $330? At the March bottom SHLD was going for about $35, FFH was about $211. Link to comment Share on other sites More sharing options...
Guest kawikaho Posted August 17, 2009 Share Posted August 17, 2009 2011 is a far way out. Anything could happen that far away, although, I highly doubt SHLD will drop below the strike price. Link to comment Share on other sites More sharing options...
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