Seeking Alpha
  • Ricardo Espinosa
    Glad I got out of MCP 35/40 call spreads @0.9, in @0.75 and into some more MOS 55/50 put spreads @1.3, love those puts, UUP is gonna
    4/3/12
    Reply (6)
    • Ricardo Espinosa: cause some pain for longs around Apr expiration, only long positions are RIO 57.5/60 call spreads, keeping those as a hedge against shorts
      4/3/12
    • OneLongTrade: Awesome trades Richard. Got into AXP puts before the minutes and may add to NFLX puts at some point.
      4/3/12
    • OneLongTrade: MOS looks like it has a double top and could go sub 50.
      4/3/12
    • Ricardo Espinosa: I know, right now I feel stupid that I sold those 50 puts, they gave me 18 dollars each, could be limiting my upside, oh well, no NFLX 4me.
      4/3/12
    • OneLongTrade: Check out the MOS May 52.50s. Someone put in a large straddle today.
      4/3/12
    • Ricardo Espinosa: That´s a pretty large bet, 5k+ on each side, I might buy back the 50 puts when MOS is around 52.50 to let the 55 puts run longer.
      4/3/12