Open: Google (GOOG) Vulture Bear Call Spread (Verticle)

Got an email from Options Monkey last night to look at a Goog vulture trade. A vulture trade is a last minute high credit verticle. Since Expiration Friday is next Friday, this is the time to put one on. The Thursday or Friday before expiration.

Here's my entry:
SOLD -1 VERTICAL GOOG 100 FEB 08 530/540 CALL @2.02, GOOG MARK 509.59

This has a potential of making 25.3% in a week. So I'll update you as this progresses.

MdrNate

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