Seeking Alpha
  • Ocean Man
    Sold the rest of my GOOG puts, except one, for a gain of 154% in 10 days. $7.70 ---> $19.60. http://seekingalpha.com/s/84zk9
    10/15/12
    Reply (4)
    • Ocean Man: ^Those are Oct $730s. Calls are down 45%, so very nice trade-off.
      10/15/12
    • Clayton Rulli: sauce!
      10/15/12
    • Ocean Man: And sold some Oct $780 calls back for $5.60 after the stock came back up 11 points, down 34% rather than the 45% they were down earlier.
      10/15/12
    • Ocean Man: Sold a couple more Oct $780 calls for $6.20, now 16 points above where I sold the puts, collecting $25.80 for strangles trading at $18.70.
      10/16/12