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Re: hubcaps post# 231

Monday, 03/28/2011 5:09:42 PM

Monday, March 28, 2011 5:09:42 PM

Post# of 731
I guess we'll either both lose or win on this one. I did a small "test the water" position as well. I did 41p/44c near the end of the day (slightly more expensive than yours--around $2.90)

This is probably the only earnings strangle I'll play this week. Nothing else looked that promising. I do plan to keep an eye on MED however (so much turmoil around that one right now), but I'll wait until after they announce as the ImpVol is really high (so the earnings move will have to be huge to make a strangle pay off).

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