LVS July 40 puts

Discussion in 'Options' started by mikeenday, Jun 9, 2011.

  1. mikeenday

    mikeenday Guest

    bought it yesterday and today, 80 puts in total @ 2.01 average cost.

    also short some shares with stop @ 41.
  2. What is your target price for LVS to fall to, between now and July options expiration?
  3. mikeenday

    mikeenday Guest

    I'm expecting it makes consecutive down days.
    The puts will be sold out once this condition fails. i.e., if it fails to make a new low, I will be out.

  4. mikeenday

    mikeenday Guest

    sold @ 2.4