Option Investor


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Hi Gang,

Now is as good a time as any to put on another November CPTI portfolio position. With the MID at about 902, let's"

Sell 20 November MID 820 puts - MLTWD
Buy 20 November MID 810 puts - MLTWB
Credit of about $.60 ($1,200)

The market is bouncing around a bit. You may have to accept $.50, depending on your patience or where the market is trading when you place your order. The maintenance is $20,000. The cushion, at this moment, is about 80+ points.

Good luck and trade smart,


P.S. All Los Angeles seminar retake spots are now gone. Come join us for knowledge and a great time at my two day advanced seminar in LA on Dec. 8 & 9. Contact me at mparnos@optioninvestor.com.

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