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Fossil-Fuel

09/04/12 2:30 PM

#2639 RE: Lord DarkHelmet #2638

TLT - Looks like it has plenty of room on the upside which could lead to inverse effects on the market...

disposition: Bearish

How's your butterfly? Looks like my funds wont clear till the 6th now. Another down day and I may miss the boat.

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Fossil-Fuel

09/05/12 9:45 AM

#2641 RE: Lord DarkHelmet #2638

Ok I did the Net Debit... seemed most logical and I know you don't want to do Market orders with options. Anyway, if you could kinda monitor this thing so I don't end up owing some one $10K that would be cool :)

I think what I want to happen is spy to dip down to $136 exersise the call sells, then let it swing back up and exit the 131 call?