Fnm April 60 Puts

Discussion in 'Options' started by MondoTrader, Mar 28, 2003.

  1. I haven't done much options activity so far this year, but I think I found a good speculation. Anybody else looking at this ?

    I put in a low ball GTC buy order for some at the current bid price .25
  2. maglia rosa

    maglia rosa Guest

    i'll show you 50 at 0.35

    on the side, how did you determine that was a good speculation bet?
  3. got filled this morning at .25
  4. As for why I picked FNM I just think its a pretty good short candidate. I like to short bounces that happen after high volume drops. Fundamentally, there is some question about their credit rating being reduced.