Thursday, April 16, 2009

4/16 OIH 30-Day Condor

Bullish pressure on OIH Today, insurance is holding the position steady, nothing to be alarmed of as of yet. I have contingent orders to protect against some extreme event that pushes OIH beyond the short strikes in one day, this will trigger my stop, otherwise I'll plan on hedging if we drop 50% of my stop.

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