SURVIVING THE GAME
DECEMBER 12, 2008
2008 - 24a

Quick note. Tomorrow is final trading day on the DIA DEC options. Make sure you are flat by end of day. Call closed at $280. Put closed at $24. Move stop from $600 to $400 or $80 and $88 on DIA. DIA closed at $86.36. The closer to $84 we close, the cheaper the options become. One will expire worthless, the other you will have to buy back near close or you will be exercised.
Exercised means you will be buying or selling 2000 DIA at $84 ( the strike price of the options ).


Options Guy
Editor
Surviving The Game
optionsguy@shaw.ca