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Old 11-14-2007, 04:27 PM
Jestli Jestli is offline
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Join Date: Jan 2007
Location: Western Michigan University
Posts: 67
Default Re: buying options straddles

AKAM beta of 3.95 bought UMULG.OPA at 300 on the 12th sold for 360 on the 13th

NVDA beta of 3.45 bought UVAWG.OPA at 155 on the 9th and sold later that day at 185, rebought at 210 then sold on the 12th at 330. UVAWF.OPA at 55 on 12th sold 75 on 13th

RIMM beta of 1.74 bought PUT RULKD.opa at 610 8th sold at 440 on 9th. RULWD.OPA on 8th at 530 sold 9th at 845. RULKL.OPA on 12th at 435 sold 13th at 750.

i dont know if all that makes sense to anyone.

but it seems that you lose your initial investment as always with any option but with a straddle and a stock that is very volatile its bound to go significantly up or down and you get that benefit
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