• Ocean Man
    Bought March 8th $SPY $154 puts for $1.75 with SPY at $152.65.
    2/28/13
    Reply (11)
    • Paul Frederickson: Man, I need to get an account with optionshouse, I would love to follow you on this one
      2/28/13
    • Julius Ferraro: Markets not allowed to go down. Sorry about your loss lol. Monday was fake
      2/28/13
    • mdesilvio: Takes brass. I'm in for $1.70
      2/28/13
    • navid81: sorry for the noob question, but does that mean if spy hits around 152.25 you'll be ATM?
      2/28/13
    • mdesilvio: I only regret selling my Mar 1st $SPY $150.5 calls yesterday at 12:30pm....always leaving money on the table.
      2/28/13
    • Ocean Man: navid - on March 8th, yes 152.25 will be break-even. Between now and then, there will be varying amounts of time value / IV in the price.
      2/28/13
    • mdesilvio: Out for $2.12.. thx OM mucho appreciated. Maybe early but my hands are green.
      2/28/13
    • Ocean Man: Nice job md! 24% is pretty good for an hour LOL!
      2/28/13
    • mdesilvio: Yes, sweet. I wish all my trades performed as well.
      2/28/13
    • mdesilvio: Do you have a down target in mind?
      2/28/13
    • Ocean Man: 147
      2/28/13