Seeking Alpha
  • The Oxen Group
    $PCLN http://stks.co/3kUg Earnings Play: Reverse Iron Condor 740/745 Bull Call and 700/695 Bear Put, Potential 25% Gain!
    5/9/12
    Reply (9)
    • John R. Conway: prob the only way to play pcln is through RIC Straddles/strangles too expensive for me
      5/9/12
    • The Oxen Group: Stock hasn't moved less than 4.3% in past eight reports...so expecting another 5%+ move
      5/9/12
    • Market Maven: John - RIC? i'm very familiar with options, but I don't recognize that term??
      5/9/12
    • TxRowdy: MM - reverse iron condor
      5/9/12
    • The Oxen Group: ric - bear put spread with bull call spread, looking for movement outside of both sides for limited max gain
      5/9/12
    • Market Maven: ty.
      5/9/12
    • onetwo3: uh oh, RIC not looking so hot as of now
      5/9/12
    • John R. Conway: yea kinda surprised after hours-- but things may change at the open
      5/9/12
    • The Oxen Group: hmm looking great to me. Below the 695 level right now.
      5/10/12