Saturday, January 9, 2010

Any good option trading picks?

Anyone has any good option trading picks that you want to share?

It can be directional moves like bull put spreads, bear call spreads or strategies like strangles, straddles, condors, broken wing butterfly....just about anything.

Please leave a comment on what your strategy and pick is.


randomjaywalking said...

I am looking at VNQ 46/47 Bear Call Spread which came up in a scan.

Short 46 Call
Long 47 Call
Credit 35 cents

Max Reward 35 cents
Max Risk 65 cents
Breakeven $46.31

Any comments welcome.

randomjaywalking said...

Forgot to add:

Option Expiry February 2010

Breakeven is actually $46.35 (before commissions).