Wednesday, February 27, 2008

Sell calls on home builders - Ryland Group

It seems irrattional exuberance is hitting the home builders this morning. I am taking this opportunity to initiate the following trades

Sell Short Calls On Ryland Group Inc (RYL)

Trade--- Sell 20 contracts of Ryland March 30 strike Calls

Sell short Ryland March 30 Strike price - Sell Short 20 contracts of Ryland March 30 strike price - 20 contracts short RYL CF @ 2.4

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