Looking for a bounce towards the 11875-12 region which presents a shorting opportunity via December futures
Hedged straddle with 11500 Put and 11250 Put of Jan '12 and Mar'12 series respectively and Calls of 12k for the same series will play well on both sides of the range.
10250-10400 region to be retested within 8 weeks time and Thanks-Giving turkeys will fill grizzly bears with good food until Santa props up stuff again.......
Hedged straddle with 11500 Put and 11250 Put of Jan '12 and Mar'12 series respectively and Calls of 12k for the same series will play well on both sides of the range.
10250-10400 region to be retested within 8 weeks time and Thanks-Giving turkeys will fill grizzly bears with good food until Santa props up stuff again.......
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