Trade of the Day (NRG) 9.12.2012

Chart Candle Stick StocksTrade:  Buying the NRG Sep 22 Straddle for $.95

Risk: $95 per 1 lot

Reward: Unlimited

Notes:  Paper bought 4892 NRG Sep 22 Puts for $.40 OPENING position

UPDATE 9.16.2012  With time decay is against me, these Straddles are worth $.70, but time is working against me.

UPDATE 9.21.2012  I sold all my Puts out at $.65 and and Calls expired worthless, so the Straddle was sold for $.65.  Moving to the next trade.