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Makamai

06/30/09 1:49 AM

#771 RE: boca_bobby #769

Aloha Bobby - I appreciate the detailed explanation of your option play. Never tried that sort of spread before so I may give it a go...and hope the market doesn't tank at the end of the year (lol).

Makamai

Makamai

06/30/09 2:06 PM

#775 RE: boca_bobby #769

Bobby - lets say CQB goes up to $15 or $20 and the 2011 puts drop in price by over 50%. If someone wanted to neutralize the risk, how would you suggest they do that?

Makamai

boca_bobby

07/01/09 9:45 AM

#783 RE: boca_bobby #769

CQB UPDATES:

WOW! What an open. So far so good on this one folks. Our next resistance level is $11.16. We will probably see a little retrace during the day and may be a great spot to get in as well.