THIS IS A WEEKLY TRADE EXPIRING JAN4, AND WILL BE 14% GAIN IF EXPIRES WORTHLESS. THIS WAS A QUICK WRITEUP (GRAMMATICAL ERRORS WILL BE CLEARED UP LATER), & WILL ELABORATE MORE LATER TONIGHT.
THIS TRADE IS NOT FOR THE FAINT OF HEART, BUT IN A MATTER OF TRANSPARENCY, SHOWING THIS TRADE.
IM STILL ABOUT 75% CASH, AND THIS PCLN TRADE WAS A COLLABORATED TRADE WITH @GSSOUND EARLIER TODAY HE ENTERED A 630/35 BEAR CALL. I DECIDED TO WAIT AND SEE, FOR A LITTLE HIGHER STRIKES. BOTH OF US WENT SMALL ON THESE TRADES.
I WAITED TO POST UNTIL FILLED
.70 OR BETTER CAN NOW BE HAD ON THIS TRADE, BUT BEWARE PCLN MOVES FAST AND THIS TRADE MAY REQUIRE A ROLL.
Your Order Has Been Submitted
Account: XXXXXXX – IRA Account
Order Details
You have entered a spread.
| Leg | Action | Contracts | Option | Description | Price | Duration |
|---|---|---|---|---|---|---|
| Leg 1 | Buy to Open | 5 | PCLN Call | PCLN Jan 04 2013 640.00 Call | Credit 0.70 | Day Order |
| Leg 2 | Sell to Open | 5 | PCLN Call | PCLN Jan 04 2013 635.00 Call | Credit 0.70 | Day Order |
Quote PCLN 606.54 4.17 Bid 606.06 Ask 606.63 Volume 281,015 |
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|---|---|---|---|---|---|---|---|---|---|---|---|
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PCLN JAN 04 2013 640 CALL
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PCLN JAN 04 2013 635 CALL
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| — | — | — | |||||||||
| Bid | 1.50 | 2.20 | — | — | — | ||||||
| Ask | 1.85 | 2.50 | — | — | — | ||||||
| Last | 1.50 | 1.80 | — | — | — | ||||||
| Change | N/A [N/A] | N/A [N/A] | — | — | — | ||||||
| Volume | 13 | 23 | — | — | — | ||||||
| Delta | 0.12 | 0.16 | — | — | — | ||||||
| Open Int | 0 | 0 | — | — | — | ||||||
| Desc | PCLN Jan 04 2013 640.00 Call | PCLN Jan 04 2013 635.00 Call | — | — | — | ||||||
Net Quote
Bid (natural)
0.35credit
Mid
0.68credit
Ask
1.00credit
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