Sold BRCM May 2011 $40 CALL @ 62 cents

April 19, 2011 · Posted in Trades, US Options 

one month Vol's up today, 

May $40 Call's IV up 2.60% 

sold some May calls to hedge up our synthetic long done a while back

expecting a short term downturn but still maintaining long term upside exposure

Comments

Leave a Reply

You must be logged in to post a comment.