NaughtyPines

BOUGHT RIG APRIL 9/14 SHORT STRANGLE TO COVER

NYSE:RIG   TRANSOCEAN LTD
Covering this at nearly 50% max profit for a .51 debit. I got in for a .93/contract credit, and am out for a .51 debit, so realized a profit of .42 ($42)/contract -- ridiculous for an $11 underlying .... .

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timwest PRO
8 months ago
When volatility collapses, it's great to be short premiums. Nice going.
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