Two trades for today.
I want to sell the (FAS) Feb 18 2012 55 put for a $400 credit.
FAS is trading at 65.82
I am also going long the FAS Jan 21 2012 put (36 strike) for a .15 cent debit.
I want to sell the (UYM) Feb 18 2012 30 put for a $240 credit.
UYM is trading at 31.87
I am also going long the UYM put (17 strike)same expiration for a .15 cent debit.
They are both verticals, but the fas put is a calendar vert. The FEB puts on FAS are too rich for my blood at the moment.
I am willing to let the shares be put to me if need be.
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