Passed on AAPL, Snapped up GSIC
I decided against the AAPL earnings straddle this afternoon, just too expensive for my options/high risk account. I did take on a straddle for GSI Commerce, Inc (NASDAQ: GSIC) which reports after the bell.
Options play: GSIC Straddle
Strike: $22.50
Call:UGFTX ($1.17)
Put: UGFTO ($1.13)
Total cost: $2.30 + fees
Subscribe to our RSS feed
Explore posts in the same categories: Potpourri