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.buying swing +CPV april 3 strike puts large at .04-.05

Posted: Thu Apr 16, 2009 4:04 pm
by MMASSASSIN
.buying swing +CPV april 3 strike puts large at .04-.05 I am putting in place a high risk put that expires tomorrow for incase the pul back is strong from disappointment in earnings and to offset the larger positive positions in C calls that have a full month till expiry. and at the same time adding back to the +CEV stake. CEP I can here since there almost worthless accumulate enough options to make a difference if things go south.