Monday, January 14, 2008

Opened Put Diagonal on DRYS

Looking to take advantage of the recent bearish sentiment in the market and opened a Put Diagonal on DRYS today.

Bought 4 contracts of the Jun '08 85 put for 29.85 and sold 4 contracts of the Feb '08 55 put for 4.05.

My CB is 25.80

My stop-loss is 20.64

No comments: