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
PCLN JAN 04 2013 640 CALL
PCLN JAN 04 2013 635 CALL
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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