Thursday, September 19, 2013

Out of FB Sep 21 '13 $44 Calls @ $1.51...


Original straddle = $2.57

Haircut of $1.06 per share, or 41.24%...

Not happy about this one, but now I see where I miscalculated the entry...

This straddle would have required a move above $47 or a move below $41 for me to make money...


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