Tuesday, March 17, 2009

17/03 OIH Condor - Daily Update

No major changes from Yesterday, just updated levels for 1st adjustment. Plan is to cut 1 spread if OIH gets to any of the layers displayed on the profile chart.

As you can see on TOS, the probabilities of needing to adjust Tomorrow are very small, regardless of that, the contingent orders are in place and ready, you never now.

Contingent Orders

a) Close CALL spreads for .09c (GTC)
b) Close PUT spreads for .09c (GTC)
1) Close 1x PUT spread if at or bellow 61.70
2) Close 1x CALL spread if at or above 84.70


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