Buy 2 or 20 contracts of "XOM" FEB $70 PUTS at $1.11
http://finance.yahoo.com/q?s=XOMNN.X
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Buy 3 or 30 contracts of "BP" $45 CALLS at $.70
POTC will keep you updated as this trade evolves. We added the quantity of contracts to remind you the importance of being balanced with this sector paired trade.
2 comments:
Ok, after reading the amt of contracts I was a bit confused, but the math does make sense -- good luck, NEVER seen a blog recommending a trade before. Go figure ..
Mary
"NEVER seen a blog recommending a trade before"
lol!
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