Monday, September 21, 2009

OXY

Watching the 11/70 -11/75 Put spread. May buy the 11/75 and sell the 11/70 for $1.45 or less. May drop faster than I can get in.

See Friday's post - FDX never hit my price but did get to $1.37 for a low and $1.55 for a high (.18 gain or $18.00 per contract, 10 contracts = $180).

BIIB never hit my price but did get to $1.60 for a low and $1.90 for a high (.30 gain or $30.00 per contract, 10 contracts = $300).

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