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[RT] Strangle Update {01}



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As noted below the complete Strangle was not placed but the put side was 
exited at a profit.I will keep you posted on the next possibility for your 
scrutiny.

Sincerely,

John


>Well from talking to a lot of you, I assume that mainly everyone has only 
>filled on the put side of the trade.  This month the spreads were much 
>tighter than usual and sometimes you just have to take what the market will 
>give you.  You can liquidate the Put side of the trade if you wish, the 
>premium is almost equal.  With all of the puts in our strike ranges trading 
>for around 1.00 - 1.50.  If you wish you can get out now for pretty much 
>the full profit on the put side, and call it a month with a smaller than 
>usual profit, but a winner is a winner.  The next trade is December 20th.
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