Convertible double calendar strangle = XLNX=24.65

Discussion in 'Stocks' started by zmostatabi, Nov 14, 2005.

  1. XLNX=24.65

    Great candidate for strangle due to the previously mentioned criteria as posted. The position starts with the non- directional position (STRANGLE) and let the market tell us what the next action needs to be taken.





    STRANGLE
    BUY +10 XLNX 100 MAR 06 27.5 CALL
    BUY +10 XLNX 100 MAR 06 22.5 PUT
    DEBIT=1.65