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Neutral Man

05/24/10 10:45 AM

#103691 RE: koepkesd #103686

Keep-Sake... GOOD POINT, the VIX-ion levels are Collapse-ing and selling Puts HOSRT is Much more profitable than BUY-ing Calls!!

That said, we went up to the Jun47 calls to avoid said slippage and we think it's werking so far, BUT, if we make it up to the 46.80 mark it'll be a moot point since dem calls will have DOUBLED, WooHoo, or NOT, LOL!