SPDR S&P 500 (SPY): USE-ing the False weakness to BUY Aug46...

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Re: Neutral Man post# 107572

Monday, 07/26/2010 9:49:53 AM

Monday, July 26, 2010 9:49:53 AM

USE-ing the False weakness to BUY Aug46 calls and LIKE-ing it!

BtO, 960 Aug46 calls at 1.08!

Thanks BOYZ!

August Open Positions:

BtO, 480 Aug45 puts at 1.90
BtO, 480 Aug46 puts at 2.50
BtO, 480 Aug46 puts at 1.32

BtO, 960 Aug46 calls at 1.08

Total gains for the AuglOE = 9.60 against 40 contracts

22Jul10, posts as 6.00 against 40 contracts
BtO, 480 Aug45 calls at 1.14, StC at 1.64, .50 gain

20Jul10, posts as 3.60 against 40 contracts
BtO, 480 Aug45 calls at 0.80, StC at 1.10, .30 gain

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