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loanwolf

01/25/12 12:28 PM

#153776 RE: langlui #153771

Maybe so, haven't done so great on my strangles as of late.

Premiums jacked up on these high flyers, feel better on lesser priced names on the monthlies with some time.

80/105 weekly strangle gonna cost almost $4 which is looking at an almost 16% move up or 20% move down.............. not for me.

Its more of a pick a side and hope for the best IMO.
At this point mau just grab a lotto put eod on NFLX

Lets see what market brings post FOMC, lol no change just announced
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loanwolf

01/25/12 12:53 PM

#153778 RE: langlui #153771

Watching AAPL here around $445 for bounce
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loanwolf

01/25/12 2:07 PM

#153785 RE: langlui #153771

NFLX - http://seekingalpha.com/article/321972-netflix-boasts-strong-history-of-rewarding-shorts-in-post-earnings-trade?source=yahoo

Will see what happens, not real confident either way although my bias is to short side.

If anything at this point I'll prolly grab a weekly lotto put and hope for a 20 point drop, but very good chance it ends up no bid or worthless post ER if it doesn't tank.

Basically its pure gambling, I dont think a straddle or strangle will be profitable, just as much chance on picking a side