A trader sold the January $65 puts to buy the $70/$80 call spread for a $0.70 debit, or $490,000.
Showing posts with label exxon mobile. Show all posts
Showing posts with label exxon mobile. Show all posts
Thursday, August 18, 2011
Trade of the Day: Exxon Mobil January call spread risk reversal
The Trade:
A trader sold the January $65 puts to buy the $70/$80 call spread for a $0.70 debit, or $490,000.
A trader sold the January $65 puts to buy the $70/$80 call spread for a $0.70 debit, or $490,000.
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