The probability of this trade is around 57% and our trading breakeven range is from 42.82-57.16.
I sold the Mar call & put for a net credit of $7.17. This is over a risk of $16.43 (credit plus margin).
Friday, March 14, 2008
OPEN: AMP Apr 50 Short Straddle
Mojo got this trade from his friend Matt, and since volatility is looking great on this stock for a straddle, I am placing the trade as well.
The probability of this trade is around 57% and our trading breakeven range is from 42.82-57.16.
I sold the Mar call & put for a net credit of $7.17. This is over a risk of $16.43 (credit plus margin).
The probability of this trade is around 57% and our trading breakeven range is from 42.82-57.16.
I sold the Mar call & put for a net credit of $7.17. This is over a risk of $16.43 (credit plus margin).
