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Subject:  Re: Narrow trading range Date:  12/7/2004  2:49 PM
Author:  Lammergeier40 Number:  285 of 297

I don't like paying all that premium for a straddle. And I really don't like admitting that I don't have a clue which way the market will go, but whichever way it goes I think it'll be big. But this seems like a made to order scenario for say an 1195 Dec call and an 1185 put. Or even 1200 and 1180 with the magnitude of those moves.

I suppose it's too much to ask after you've generously revealed a fishing hole to ask just how you'd fish it. But if you're feel magnanimous...

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