|
PureBytes Links
Trading Reference Links
|
NASDAQ NOTES
There were two very large block trades on the Nasdaq-100 Trust
(QQQ - 48.50) that went off today on the CBOE. The first was a
strangle trade that involved approximately 100,000 April 43 puts
for 1.50 and the same number of April 53 calls for 2.10. These
transactions happened between 3:25 and 4:05 and appear to be sales.
If this is the case, the seller collected $360 for every pair of
contracts sold. The objective of the short strangle is for the QQQ
to finish between the strike levels, 43.00 and 53.00, by April
expiration. The breakeven points for this trade are 39.40 and 56.60.
------------------------ Yahoo! Groups Sponsor ---------------------~-~>
Want insight into hot IPOs, investing strategies
and stocks to watch? Red Herring FREE newsletters
provide strategic analysis for investors.
http://us.click.yahoo.com/hNZpxC/oJSCAA/Wy4EAA/zf_UlB/TM
---------------------------------------------------------------------_->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|