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Fox13

12/17/10 10:46 AM

#63215 RE: 3xBuBu #63207

IWM for OpEx. The lazy market is good! I count on IWM expiring between 77 and 78. The risk is on the upside. If they close according to my assumption, the Dec options that I sold will expire out of the money and I will be left with a strangle, which I will deal with next week.