SPDR S&P 500 (SPY)

[Neutral Man]

Picking up some Aug47 calls and thinking we're genuis's!!

BtO, 480 Aug47 calls at 0.63!

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

StO, 480 Aug47 puts at 1.64

BtO, 960 Aug46 calls at 1.08
BtO, 480 Aug47 calls at 0.63

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