Underlying: QQQQ SHORT 48 Sep'07 Call @ 0.69 SHORT 44 Sep'07 Put @ 0.41 LONG 53 Dec'07 Call @ 0.35 LONG 39 Dec'07 Put @ 0.51 Max risk: $500 x 2 = $1000 Premium collect: 0.24
Rolling... Underlying: QQQQ COVERED SHORT 48 Sep'07 Call @ 1.28 Loss = 0.59 SHORT 50 Oct'07 Call @ 0.76 SHORT 44 Sep'07 Put @ 0.41 LONG 53 Dec'07 Call @ 0.35 LONG 39 Dec'07 Put @ 0.51 Total premium collected from strategy: 0.41