A trader sold 10,000 May $97 calls at $0.13 and bought 5,000 May $94 calls at $0.68 for a debit of $0.42 or $210,000.
Showing posts with label 1x2. Show all posts
Showing posts with label 1x2. Show all posts
Tuesday, April 26, 2011
Trade of the Day: TLT May $94/$97 1x2 ratio spread
A trader sold 10,000 May $97 calls at $0.13 and bought 5,000 May $94 calls at $0.68 for a debit of $0.42 or $210,000.
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