Showing posts with label netapp. Show all posts
Showing posts with label netapp. Show all posts

Monday, April 25, 2011

Trade of the Day: NetApp January 2013 $55/$45 bull risk reversal

The Trade
A trader sold 5,500 January 2013 $45 puts at $5.74 and bought 5,500 January 2013 $55 calls at $8.09 for a debit of $2.35 or $1,292,500.