Underline stock: FSLR
Date entry: March 27, 2013
Price entry: $73 per contract
Strategy applied: Selling short 20/35 May strangle. This is a
neutral strategy.
Reasons to enter the trade:
·
Technical: The stock has established a 20-35
trading range since August of 2012.
·
Logic: I believe picking 20-35 range is a
conservative choice with relatively juicy premium collected for option
seller.
Dennis Phan 潘家墉
27 March 2013
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