Monthly Archives: April 2009

GS APR09 Butterfly

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BUY +10 BUTTERFLY GS 100 APR 09 115/110/105 PUT @.56 LMT
(Replacing #88516647) BUY +5 BUTTERFLY GS 100 APR 09 115/110/105 PUT @.63 LMT
GS earnings report is next week, before expiration and before market. if it drops enough by expiration this is a nice play.

cancelled, never got filled


(vía Options Safari With Dan Sheridan on CBOE-TV )

IWM IC MAY09

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This is a May 09 trade idea.

SELL -10 IRON CONDOR IWM 100 MAY 09 48/50/39/37 CALL/PUT @.87 LMT

Risk $113 to make $87 on each IC, if IWM is between 38 and 49 by May 15.

Any thoughts are welcome.