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Post# of 4839
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Alias Born 03/16/2004

Re: AnderL post# 2782

Thursday, 10/09/2008 5:00:38 PM

Thursday, October 09, 2008 5:00:38 PM

Post# of 4839
XLF straddle (paper) closed EOD. If it were up to me I would sell this now. Its open season on shorting financials so puts went through the roof. So the calls are near worthless. At least they cover the commission, lol! I almost doubled my money. 93% profit.

current position
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10Oct20c @0.08 XLFJT $ 80 + 17.49com
10Oct20p @6.20 XLFVT $6200 + 17.49com
total value $6245.02

original position
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buy 10Oct20c @2.30 XLFJT $2300 + 17.49com
buy 10Oct20p @ .90 XLFVT $ 900 + 17.49com
total cost $3234.98


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