IMB MEGA OPTIONS STRADDLE ON AGAIN... [NotSoBreakingPrice] - MarketTicker Forums


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User Info	IMB MEGA OPTIONS STRADDLE ON AGAIN... in forum [NotSoBreakingPrice]
Fakemark Posts: 0 Incept: 2009-06-11	7k both sides on the SEPT 30's. Was at $25 strike all last week. 2007-09-10 14:05:37 Permalink
Genesis Posts: 130701 Incept: 2007-06-26	That's a bizarre trade. Looks more like a collar than a straddle - an effective short (via the PUTs) with protection against a catastrophe if they were bought out or something. ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* 2007-09-10 14:18:17 Permalink