Seeking Alpha
  • Ocean Man
    Bought Sep PWRD strangles $11 calls and $12 puts for $2.25.
    8/20/12
    Reply (3)
    • Ocean Man: Trying this one in-the-money on both sides, didn't like the prices and b/a spreads on the OTMs.
      8/20/12
    • Dr. Kris: For your sake, volatility had better go up!
      8/20/12
    • Ocean Man: It's on play on IV capture, earnings in 7 days.
      8/20/12