CLOSING $GE Options Action trade - Enis

17 aug - no lightning strike to rescue this.. im starting to think Enis is a Roubini clone with the doom all the time.. full lost on this spread with stock near 21 still

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27july - been about a month and this trade has been a turd..almost worthless right now with stock near 21. might as well hold it in case lightning strikes.

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24jun-Enis back on the show this week with a put spread trade for General Electric, here the opening video clip including GE GE clip . Enis lays out his thesis well and notes that since option volitility is low its ok to buy just the long put instead of a put spread. but by making it a put spread the cost of the trade is reduced.

Buy the Aug 19/17 put spread for .30

Enis goes to August on this spread since earnings are on Opex day for july. Enis's other on air trades in a google docs spreadsheet . Dan and enis have been good about posting updates to their on air trades via their website / twitter .

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