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Sunday, September 12, 2010

BBY - Earnings Due Sept 14/b













Sell To Close:

BBY - 37.17
2 Contracts: Oct 34 Call - 4.25
2 Contracts: Oct 33 Put - .28

Profit $295.90 less commission. Nice for couple of days of holding.

Buy To Open:

BBY - 33.88
2 Contracts: Oct 34 Call - 1.52
2 Contracts: Oct 33 Put - 1.34
Total Cost: $2.86

Breakeven
Long side + $35.40 per share
Short side - $32.54 per share