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Go Back   Penny Stocks: Penny Stock Picks and Talk at The Penny Stock Blog Forums > BIGGER PLAYS > Jim Cramer's Stock Picks

 
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Old 04-24-2008, 03:47 PM   #1
godoftrading
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What do you think of this play?

- Sell 10 May 185ís
- Sell 10 May $140ís puts
- Buy 12 Jan 09 200ís
- Buy 10 Jul 150 puts.

Profitable between 135 and 208 at may expiration. Max profit at 185. Takes advantage of IV crush.
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Old 04-25-2008, 09:57 AM   #2
keithsan
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Quote:
Originally Posted by godoftrading View Post
What do you think of this play?

- Sell 10 May 185ís
- Sell 10 May $140ís puts
- Buy 12 Jan 09 200ís
- Buy 10 Jul 150 puts.

Profitable between 135 and 208 at may expiration. Max profit at 185. Takes advantage of IV crush.
good luck! lots of speculation, #'s are out and coming down fairly quick here.
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