Monday, August 6, 2007

2 potential trades



Hello traders,

Next Conference Call: 6:30 Friday 8/9.

Tonight we set up 2 conditional spreads. One on the $RUT and one on the OIH.

  • The $RUT is a 800/790 Bear Call Spread. Trade if the $RUT drops below 760, return is about 14%.
  • The OIH is a 180/175 Bear Call Spread. Trade if the OIH drops below 165, return about 14%.

Happy Trading,

Brian

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