Friday, September 16, 2011

At the close - weekly performance +16%

Currently, we only have one trade to express our short vol theme, short SPY Nov 100/130 Strangle.  


TRADE IDEA : SELL SPY NOV 100/130 STRANGLE @ 3.30$




CLOSING LEVEL 2.85$


We continue to favor this trade and will add more at 3.15$ or above.



PFG

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