THIS IS AN ATTEMPT TO CATCH A FURTHER INTRADAY BUMP, AND FADE.

THIS IS ANOTHER VERY SMALL PLAY HERE. DURING OPEX WEEK IT IS VERY IMPORTANT TO TRADE LIGHTLY AND STAY HEALTHY WITH CASH.

NO MORE THAN 2 OR 3% ACCOUNT ALLOCATED TOWARD THIS TRADE!!!

Leg 1 Leg 2 Price Duration
Option SPX Jun 16 2012 1320.00 Put
Action Buy to Open
Contracts 5
Option SPX Jun 16 2012 1315.00 Put
Action Sell to Open
Contracts 5
Debit

1.15

 

DAY
.
Quote SPX   1,321.69   6.81 Bid 1,321.25 Ask 1,321.90 Volume 0
SPX JUN 16 2012 1320.00 PUT
SPX JUN 16 2012 1315.00 PUT
Bid 3.80 2.65
Ask 5.30 3.20
Last 4.67 2.90
Change -4.78 [-50.58%] -4.20 [-59.15%]
Volume 1,350 3,074
Delta -0.47 -0.38
Open Int 40,352 33,674
Desc SPX Jun 16 2012 1320.00 Put SPX Jun 16 2012 1315.00 Put
Net Quote
Bid
0.60debit
Mid
1.63debit
Ask (natural)
2.65debit
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