I guess I'm the magician then! Check out the attached gif. I sold it somewhat before I posted. The one contract strangle was motivated by f-f's post. And I have a used Toyota for him, if he can no longer afford the H2.
You can check the price and timestamps against time and sales. Executed on the BOX. C'mon, who else is going to do a one contract strangle?
Not sure either - but the prices are legitimate enough. Great prices, but we get 'em now and again. I believe it on a one contract per side short straddle. Hey -- way to make 200+
Looks like the Emilio_Lizardo 550-700 strangle for $2.48 is a winner - so far - but one bad trade could screw you big time. Good trade though, I don't think GOOG will trade outside that range on Friday.
You're right, that seventh moment risk can kill you short vanilla strangles! That's why I did only one contract. Watch out for the "H2 buy indicator." Look what happened to Electric Savant, as soon as he said he was buying a Hummer, he too fell off the cliff. Now he has all of his and Mrs. Savant's net worth ($10k) tied up with a fly-by-night unregistered forex/hyip CTA. This could happen to you if you're not careful.