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NaughtyPines

SOLD RIG APRIL 15 9/14 SHORT STRANGLE

Transocean Ltd (Switzerland) (NYSE:RIG)  
NaughtyPines  
NYSE:RIG   Transocean Ltd (Switzerland)
RIG shortstrangle
2
2
rig shortstrangle
High implied volatility rank plus high implied volatility equals good premium selling ... .

RIG April 15th 9/14 short strangle
Probability of Profit: 66%
Max Profit: .93/contract ($93/contract)
Buying Power Effect: Undefined
Break Evens: 8.07/14.93

Notes: Ridiculously good premium for such a low priced underlying.

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NaughtyPines
BOUGHT RIG APRIL 9/14 SHORT STRANGLE TO COVER
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