Sunday, October 21, 2012

$LLY Options Action Web Extra trade - scott

19 oct - scott with the web extra trade for a viewer tweet today, heres the video clip LLY clip

Buy the Jan 52.50 / 47 put spread for $1.50

i dont follow the stock but i like the trade setup, when i do put spreads i want to participate right away in the move..not need the stock to fall 10% first and then my spread kicks in.. i would prefer to pick a nearer month than Jan though instead of going that far out. see all of scotts on-air trades in this spreadsheet

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