We have had some success on 2/3 of our strangle buys of late , so Im trying a new one this morning. CMG (Chipotle), Im buying Dec 100 calls and Dec 90 puts for $9.7. We'll see how that works.
The market is giving up some of yesterdays nefarious gains, but just a tad. TECH is weak, REITs are a bit weak - I guess across the board everything is a little weaker.
Oil is weak and I think it will stay weak, I think it will trade back to below $50 in the next couple months..No other really great deep thoughts right now. Watch GOOG seems to be leading the snasdaq a bit lower.....
JB
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