Open: Lowes (LOW), Aflac (AFL), Exxon Mobile (XOM)

Even a day late, I got some good fills on the trades initiated by Mojo over at Insanemoney.com. You can see his post here. He does a great job explaining what's going on and the reasoning behind the trades.

My entries:

LOW - Call Diagonal: cost basis of -3.80
BOT +15 DIAGONAL LOW 100 APR 08/MAR 08 20/25 CALL @3.80, LOW MARK 24.66
Stop loss set to fire at: -3.04 (so a max of 20% loss)

AFL - Put Calendar: cost basis of -1.26
I screwed up this order and after I fixed it I ended up with a pretty decent credit, I won't show my orders because it's confusing as hell. Here is the final order, I entered into it with a +0.04 from my screwups which is how I got the -1.26 cb.
BOT +19 CALENDAR AFL 100 MAY 08/MAR 08 60 PUT @1.30, AFL MARK 59.20
Stop loss set to fire at: -0.63 (50%)

XOM Put Calendar: cost basis of -0.75
BOT +20 CALENDAR XOM 100 APR 08/MAR 08 85 PUT @.75, XOM MARK 83.56
Stop loss set to fire at: -0.38 (50%)

Confused?! Not me anymore, ask and I'll explain it.

MdrNate

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