Buying Swing: buying LVS Nov puts at .59 area OVERSIZED and
Posted: Fri Nov 05, 2010 3:59 pm
Buying Swing: buying LVS Nov puts at .59 area OVERSIZED and covering GLD 136 calls at .30 area. Am here before the close making a new swing bearish play on LVS a stock that I think is very very extended up here and exiting one side of the GLD straddle , the puts are now moving to zero so 100% profit on the 2x oversized stake that more than makes up for the bad calls play.