Guest kawikaho Posted August 17, 2009 Posted August 17, 2009 Sold everything near $340 this morning. Waiting for a better price to get in on ORH.
ERICOPOLY Posted August 17, 2009 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.
Guest kawikaho Posted August 17, 2009 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.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now