Ahead of the MSFT report I bought May 27.50/22.5 strangle. Reason: Cost = $0.1, IV = 22%. Just for fun! 10 cents will not make a difference but in case of a surprise I could get $0.1 profit. I think it worth it (100% return).
Characal This is a very good trade nice try I really hope it works for you. Actually depending on the open tomorrow I may join you on it ....
Sheesh - this CAD$ has been tough to hold. Yesterday I was stopped out on a Short trailer only to have it fall off and retest the lows and break that support level I was expecting to fail. I re-enter the short at .8010 @ 2 am in the morning (via ALERT) I was really hoping the 8:30 GDP would push the US$ higher and sink this CAD but it was only marginal. My stop is my entry .8010 Target 1 = .7950 OK this time I was able to type this without screwing up .... LOL