Sold 350 shs of Citigroup @ 3.34. Still holding 10 MAR10 3 PUT with 23 Delta

February 1, 2010 · Posted in Trades, US Equities, US Options 

C is showing sign of weaknesses despite the overal market rally.

Sold all 350 shares a $3.34 while still hodling the March10 $3.00 PUT.

Can play around with the delta when it comes back down again

P&L + $59.50

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