9/19/12
Another week, another new high in Equinix. Selling bull put spreads under the Bollinger band, 50-day moving average, and the low from last week. Almost 3 full ATRs away. 87% probability
of max profit.
Still not going to condor these. Stock is just too strong lately.
Trade:
STO EQIX Oct 12 180/175 bull put spreads for ($1.77-$1.17) x 100 x 5 lots = $300 credit
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