SPDR S&P 500 (SPY): you must be reading my playbook! That's...

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Re: Fox13 post# 51257

Monday, 06/02/2008 1:08:52 PM

Monday, June 02, 2008 1:08:52 PM

you must be reading my playbook!
That's exactly how I trade options.
I've been Short Jun-$51 PUTs for a few weeks
and have made lot$ Selling then Buying back Jun-$48 PUTs against them.
Right now I am just Long the Jun-$51 PUTs
and will re-Sell Short lower SP'd Jun PUTs against them again.
Good Luck my friend !!!

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