Saturday, May 5, 2007

Intrade Airstrike-Iran Options (Update 1)

Airstrike.Iran.Jun07 : $5.00
Airstrike.Iran.Sep07 : $9.60
Airstrike.Iran.Dec07 : $17.00

Average : $10.50, down from $22.00 on March 29th.

Selling all 10 Jun07 options, 0 left.
Buying 30 more Sep07 options, 40 total.
Buying 20 more Dec07 options, 30 total.

Account value: $894 in options, $3762 in cash = $4656(-7%)