Trade of the Day (KRE) 4.3.2013

KRE

 

I watch 2,000 trades in a day and today paper bought 1435 KRE May 32
Calls for $.28.  Paper is just an order from a hedge fund, mutual
fund, retail bank, or big trader.
So, my trade is buying the KRE May 31 Calls for $.66

Trade:  Buying the KRE May 31 Calls for $.66
Risk: $66 per 1 lot
Reward: Unlimited
Breakeven: $31.66

Greeks of the Trade:
Delta: Long
Gamma: Long
Theta: Short
Vega: Long


Andrew Keene
President/Founder
Andrew@KeeneOnTheMarket.com