SURVIVING THE GAME
DECEMBER 2, 2008
VOLUME 1 NUMBER 22


Well, another ugly day yesterday. Seems like every time the market starts to look good, POW right in the kisser. Unfortunately this what I expect for quite some time. This leads into our next trade.

Sell 20 each DIA JAN 09 86 calls and puts. Should net approx $1270-$1300 per straddle. Exit points at 7000 and 10200 on Dow.

The other positions look good. Keep an eye on the DIA DEC 68-74 puts. Try to pick up some cheap insurance ( less than $50 each ) to cover the DIA DEC 84 straddle.

Dave Knight
Editor
Surviving The Game