NTES November 60 puts cost $2.65 the puts for SINA were $1.85 (close was $1.20 so we were ready to take that loss from the 45/40 straddle calls/puts gains and subtract)I doubt we will need to now. There was a point yesterday where we doubted we would make money in this LAST straddle in SINA, but we did even as we took profits on the 45's the stock triggered a gap 'n crap short together with NTES. We'll update tomorrow on how much we pulled out of the last straddle in SINA (probably laid to rest for a while now)
The November 60 were picked up today (SINA not today) Also gaps 'n craps on the stock in both after morning gains so we more than milked the Asians, we decapitated them..and feasted on the Hypothalamus Gland (did anyone see The Relic) A person's appetite "control center" is the Hypothalamus gland responsible for premature aging (like in NTES) although we can say the Asians did live to a ripe old age....may they rest in piece <g>