TM – 73.90 (-4.30)

02/03/2010 – ThetaOptions Margin Portfolio - Toyota MAR PUT Initiated

Obviously Toyota stock has been sliding down hill without any signs of braking, could it be the decelerator is stuck on this stock.  We feel that the stock might bottom out around 65-70 over the next few weeks & then hopefully rebound by Mar OpEx, therefore the MP is entering into a MAR bullish position on them by selling some PUTs. Read the rest of this entry »