Monday, July 9, 2012

CLOSING $DBA Options Action Trade - mike

17aug - another brick from mike khouw. with DBA at 29.85, this option trade will go out at worthless, max loss. do you expect to see this trade on Options Action tonight? so much for Carter Worths 50year chart.



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31july - you are down about 80% if you following mike and carter worth on this one and are still holding, Puts going for about .10 now and DBA over 30.

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6july - armed with his trusty 50year chart Carter Worth recommends selling DBA and mike has a bearish trade ..buying a put with stock at 28.98..here is the video DBA video

Buy the Aug 29 puts for .65

ok, taking a bearish position, defines the risk.. instead i would look at buying a put calender spread..buying a jan2013 put , and selling the monthly puts against it to reduce the costs. mikes on-air trades in the google docs spreadsheet

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