Sell Aug 26 puts and Aug 37 calls
There is a positive article on Lions Gate Entertainment on Marketwatch today. For most of 2013, I have been cautiously bullish on LGF. With the run it has had, call buying has done better than other strategies.
Elsewhere BA Boeing is now positive after a minor dip in the morning due to news of the 777 plane crash this weekend.
Long BRKB GLD IWM NSC PG XOP XRT
Net long APC BA LGF SPY