Replies to post #14458 on Options Wonderland

[langlui]

alright, i suck, i lied.. i can't take this pressure. I sold my GOOG Mar $400 put & Mar $700 call for breakeven.

Not going to hold through earnings. Whoever is holding, good luck. I will try not to whine tomorrow :P

[db7]

well this is probably crazy BUT i've been wanting to play options forever

here is my first try at it

bought to open

1 MAR 08 GOOG call strike $615 @ $19.30/contract

and

1 MAR 08 GOOG put strike $500 @ $13.80/contract


i can only lose the capital i put in and no more correct? (since i bought them both and didn't sell anything?)