Sell
APC strangles @88.9
sell
APC Sep 80 puts and Sep 105 calls
Anadarko
Petroleum is a fracking play. Premiums are up today, possibly related
to options rolling to September. APC has been my best trading stock
for calendar 2013.
Buy
XRT via selling Sep 75 puts
XRT
is the retail ETF. I've seen quite a few articles about skittishness
over back to school sales.
Long
BRKB EMN GE GDX IWM KORS XRT
Net
long APC BA GLD LGF SPY
Expiring
this Friday PG
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