Option Investor
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CPTI FEBRUARY - NEW POSITION

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NEW CPTI FEBRUARY POSITIONGood Morning Gang,

With the OEX at 655, the VIX is up to 12.38.

Let's:
Sell 20 February OEX 615 puts - OEYNC
Buy 20 February OEX 605 puts - OEYNA
Credit of about $.40 ($800)

Cushion of about 40 points. Maintenance is $20,000. Always double check the option symbols when placing your order.

Good luck and trade smart.

Mike

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