Seeking Alpha
  • Boatyzaffa
    Open GM Nov Put Fly: Buy 10 Nov 25 puts @ 0.78; sell 20 Nov 23 puts @ 0.15; buy 10 21 puts @ 0.06
    10/31/12
    Reply (2)
    • Boatyzaffa: Max Risk: $540
      10/31/12
    • Boatyzaffa: closed out the GM Put Fly sold ten 25 puts @ 0.78; bought twenty 23 puts @ 0.04; still holding the 21. Net profit: $160 (29% return)
      11/14/12