jstein, is that a bull put spread? meaning you think CMG will stay above 425? I sold my CMG put spreads yesterday, didn't want to hold through earnings, had a tiny profit and took it even though I was quite confident CMG would stay flat or go down, which would payoff for a deep itm put spread.
Seems like all the runners are now weak. AAPL, CMG, PCLN, CRM
Dow up on nasdaq down days, hedge funds taking profit and moving into safer Dow components?