So a while ago I made a bunch of money riding UAUA into the ground. Now that it is recovering some and after reading Mojo's trade (we also looked at it last night in our wednesday meeting), I decided to put in a GTC order at +.85 credit for the same trade.

The deltas looked good, the chart was trending bullish, and around mid day I got filled.

Here's the scoobie:
SOLD -4 VERTICAL UAUA 100 MAR 08 30/25 PUT @.85, UAUA MARK 38.06

So, now we'll watch the stock rise and secure our position.

MdrNate