OUR PLAY OF THE JAN4 635/40 IS COMPLETELY SUNK. IT IS DEAD IN THE WATER, AND LIFELESS.

WE GOT HIT WITH A PERFECT STORM THIS WEEK OF THE GOP CAVING IN TO OBAMA AND THE DEMOCRATS, AS WELL AS BofA HITTING PCLN WITH AN UPGRADE AND TARGET OF 720.

THIS ROLL WILL MOST LIKELY NOT HIT, BUT WILL COST ME 11.95 IN COMMISSIONS TO ROLL AT EVEN COST ON THIS. HELL IM GONNA GET SLAPPED WITH EXCERCISE FEES ON THIS EXPIRING PLAY ANYWAYS.

HERES THE ROLL, IF EXECUTED AT EVEN COST, ON A PULLBACK INTRADAY, WE WILL HOPE FOR GOOD NFP NUMBERS TOMORROW TO PUSH PCLN PAST 670 ON FRIDAY AND LET US OUT OF THIS AT ZERO LOSS.

THIS IS A HAIL MARY THROW HERE, BUT WE HAVE TO OFFSIDE KICK TO GET THE BALL BACK FIRST.

IF I SEE A DIFFERENT ROLL, WILL CANCEL AND TRY ANOTHER WAY OUT.

ORIGINAL PLAY HERE

http://3ddhedgeinvestments.wordpress.com/2012/12/27/filled-pcln-jan4-63540-bear-call-70credit/

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Order Details

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Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Close 5 PCLN Call PCLN Jan 04 2013 635.00 Call Even Day Order
Leg 2 Sell to Close 5 PCLN Call PCLN Jan 04 2013 640.00 Call Even Day Order
Leg 3 Sell to Open 5 PCLN Put PCLN Jan 04 2013 670.00 Put Even Day Order
Leg 4 Buy to Open 5 PCLN Put PCLN Jan 04 2013 665.00 Put Even Day Order
Quote PCLN   656.87   18.47 Bid 656.80 Ask 657.43 Volume 296,254
PCLN JAN 04 2013 635 CALL
PCLN JAN 04 2013 640 CALL
PCLN JAN 04 2013 670 PUT
PCLN JAN 04 2013 665 PUT
—
—
Bid 21.70 17.00 13.20 9.30 —
Ask 23.30 18.50 15.80 10.80 —
Last 23.36 17.20 N/A 10.20 —
Change 15.96 [215.68%] 12.50 [265.96%] N/A [N/A] N/A [N/A] —
Volume 107 342 0 11 —
Delta 0.92 0.88 -0.82 -0.74 —
Open Int 215 524 0 0 —
Desc PCLN Jan 04 2013 635.00 Call PCLN Jan 04 2013 640.00 Call PCLN Jan 04 2013 670.00 Put PCLN Jan 04 2013 665.00 Put —
Net Quote
Bid
3.30credit
Mid
0.30debit
Ask (natural)
3.90debit
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