Monday, March 16, 2009

16/03 Trade Candidate: OIH Low Prob

Here is a candidate for this week: I've been thinking about doing 2 or 3 Low Probs, including a RUT and a few other candidates. I liked this OIH profile.

Risk profile: Listed are the first adjustment layers, adjusting when down 10% by removing one of the spreads. The insurance will keep the trade alive this week even if it gets hit by a hurricane.




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