Thursday, September 5, 2013

Out of FB Sep 06 '13 $42 Calls @ $0.69...


Loss of $0.02 on this part of the straddle, but the $41 puts are now virtually worthless, so overall, a $0.74 per share loss, or 51.74% haircut...

Value-wise, similar to one of my losses on a unilateral play.

I even increased the position size as a straddle felt safer.




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