Thursday, March 20, 2008

ADJUST: EXM Short Straddle 30 call/put

Today, volatility is starting to deflate and the stock has shifted lower, so I am removing my topside 30 straddle.

BOT +13 STRADDLE EXM 100 APR 08 30 CALL/PUT @6.58

Original credit on 3/17 = $12.87

12.87 - 6.58 = $6.29 credit remaining

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