ATTEMPTING A PCLN BULL PUT AT THE EXTREME LOWER END OF THE OPTIONS CHAIN . THE 585/80 ARE THE LAST TWO OPTIONS ON THE CHAIN, AND ALSO BELOW THE BOLLINGER BANDS LOWER LEG.
THIS PLAY IS TARGETING A 10% WEEKLY RETURN, AND IF EXECUTED WILL IRON CONDOR CALL SIDE ON FRIDAY.
CHANCES OF A FILL TODAY ARE MIXED, AND, YEP PCLN MOVES FAST.
Order Details
| Leg | Action | Contracts | Option | Description | Price | Duration |
|---|---|---|---|---|---|---|
| Leg 1 | Buy to Open | 6 | PCLN Put | PCLN Dec 28 2012 580.00 Put | Credit 0.50 | Day Order |
| Leg 2 | Sell to Open | 6 | PCLN Put | PCLN Dec 28 2012 585.00 Put | Credit 0.50 | Day Order |
| Quote PCLN 605.49 -11.85 |
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
PCLN DEC 28 2012 580 PUT
|
PCLN DEC 28 2012 585 PUT
|
—
|
—
|
—
|
|||||||
| — | — | — | |||||||||
| Bid | 0.75 | 1.15 | — | — | — | ||||||
| Ask | 0.90 | 1.30 | — | — | — | ||||||
| Last | 0.70 | 1.19 | — | — | — | ||||||
| Change | 0.20 |
0.49 |
— | — | — | ||||||
| Volume | 248 | 199 | — | — | — | ||||||
| Delta | -0.09 | -0.13 | — | — | — | ||||||
| Open Int | 297 | 409 | — | — | — | ||||||
| Desc | PCLN Dec 28 2012 580.00 Put | PCLN Dec 28 2012 585.00 Put | — | — | — | ||||||








1 Trackback or Pingback for this entry:
[...] http://3ddhedgeinvestments.wordpress.com/2012/12/26/attempting-pcln-dec28-bull-put-slightly-riskier-… [...]