OPEN: NMX Jun 90/95 Dbl Put Calendar

Seeing the channel between 90 and 100, we put on a double calendar on NMX today.

BOT CALENDAR NMX JUL 08/JUN 08 95 PUT @ $1.50 debit
BOT CALENDAR NMX JUL 08/JUN 08 90 PUT @ $1.55 debit

Total cost basis= $3.05

If this begins to trend upward above 95, I will look to add on a calendar at 100.