SURVIVING THE GAME
NOVEMBER 7, 2008
VOLUME 1 NUMBER 17
Filled DIA DEC 91 straddle at $440 for calls and $815 for puts. Bought back the C Mar $20 calls at $48.00 and the Jan 10 $22.5 calls at $96.00. Bought 100 AAPL at $98.45.
Look to purchase cheap insurance to cover the DIA DEC 91 straddle. Watch the DEC 101 calls and 79 puts. Buy under $0.50. Look to sell more C calls on a rally. Watch the MAR $17.5 calls. Sell 2 more AAPL APR $140 calls at $7.00 or more.
Close position in LVS. Currently at approx $8.00. Close options as well.
Looking to get net long the markets. Will assess over weekend and send out newsletter Monday or Tuesday with trade recommendations.
Dave Knight
Editor
Surviving The Game
Saturday
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