Ricky ... If I can make a golfing analogy ... it's the same reason that you have more than one club in the bag ... James
--- In OptionClub@yahoogroups.com, Ricky Jimenez <rickyjim@...> wrote:
>
> On Sat, 22 May 2010 14:28:38 -0500, "mcatolico"
> <mcatolico@...> wrote:
>
> >I've been trading for 25 years and I'm still learning.
>
> Has there been a change since the previous examples, RIMM, AAPL and
> GOOG that have been presented here? I have started to review them
> and, at first glance, they seem to have been handled in a somewhat
> simpler fashion, including intraday scalping in the RIMM trade. A
> sort of iron condor was set up early and then duplicated and extended.
> During expiration week, the shorts were bought back while the
> underlying was in the body section, resulting in a strangle like, risk
> free, position. Same goal but apparently not as complicated as the GS
> trade.
>
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