Hamzei_Analytics · @HFT_StockOption
3rd May 2013 from TwitLonger
May 3, 2013
Bias: Bearish
Price Target: $90-92
We are bearish on small caps and want to start a short position in their ETF, IWM (40% of the final position). We will do this by purchasing multiple legs.
BUY To OPEN 2 Aug-17 95 Puts trading at $3.78
IWM is now trading at $94.85
These puts are trading at $3.78
The Total debit for this trade is $7.56
Do not buy above $3.95 per put contract
Day Order Only