Thursday, March 14, 2013

I'll Die Trying: Out of SPY $157 Puts... Into SPY $158 Puts + Added $157 Calls...


4:1 ratio in favour of number of calls...

 Loss of $0.76 on $157 puts, or 30%...

 Bought $158 puts @ $2.46...

 Additional $157 call executed @ $0.64...

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