Trade of the Day (DF) 8.7.2012

shutterstock 61824193Trade of the Day: Buying the Dean Foods Company (DF) Aug 12 Straddle for $1.35

To perform this strategy, I buy both an August 12 Call and a August 12 Put.

Risk: $135 per 1 lot 

Reward: Unlimited

Notes: Good risk vs reward that DF moves at least the 10.5% Implied Movement